200 local and international companies show interest to invest in 3 Saudi health projects

200 local and international companies show interest to invest in 3 Saudi health projects

Saudi Gazette report RIYADH – As many as 200 international and local companies have requested to invest in three health projects in Saudi Arabia, the Ministry of Health (MOH) has announced. The ministry stated that the companies expressed their interest in the long-stay, medical rehabilitation, and home healthcare projects in Riyadh and the Eastern region (Al-Sharqiya) that were announced in March in cooperation with the National Center for Privatization (NCP). The announced projects will be implemented under public-private partnership (PPP) in the second health cluster in Riyadh, and the first health cluster in Dammam. The big turnout of local and international investors is proof of the attractive investment environment in Saudi Arabia. This will strengthen the role played by NCP in supporting partnerships between public and private sectors to create appropriate opportunities for local and international investment in different sectors. In line with the increase in the privatization of projects in Saudi Arabia, investment companies have expressed their desire to carry out these projects within a short period of its announcement. The MOH stated that the number of requests expressing interest for the projects reached 424 from 200 companies in 21 countries in Asia, Europe and America. The majority of