$104mln semi-trauma centre to come up in Oman

$104mln semi-trauma centre to come up in Oman

Plans are being finalised for setting up Oman’s first private-led Spine & Orthopaedic Hospital and Rehabilitation Centre ‘semi-trauma centre’ at a cost of OMR40 million ($104 million).

Insurance industry stalwart and anchor investor Murtadha Al Jamalani, who is a former Chairman of the Insurance and Finance Committee of Oman Chamber of Commerce and Industry (OCCI), said the state-of-the-art facility will be set up in the Majz el Sughra, Wilayat of Saham in North Batinah Governorate, a Times of Oman report said.

The proposed partner for the ‘semi-trauma centre’ will be VAMED Group, the Austria-based integrated global provider of healthcare solutions.

Finalising stakes

“As we speak, the shareholders are finalising their respective stakes and coming up with their equity contributions,” said Al Jamalani.

“Once this process is completed, work on the design & constructions engineering and government approvals will take about six-month before construction work begins on the project. Our goal is to bring the centre into operation by around year mid-2025.”

The proposed venture will represent a significant boost to the government’s goal to tap private investment in the country’s healthcare sector with a view to easing the heavy burden currently being shouldered by public health services. In the field of trauma care, an outsized burden