Private investors look to Saudi healthcare sector for high profits – ZAWYA

Private investors look to Saudi healthcare sector for high profits – ZAWYA

private investors look to saudi healthcare sector for high profits "the government is keen to invest in and improve policies related to the sector, strengthening the legal and regulatory framework that would make it attractive for investors," makarem sobhi batterjee, president, saudi german hospitals group, told zawya    image used for illustrative purpose nurses walk in the emergency department at al-noor specialist hospital in mecca . the covid-19 pandemic has highlighted the large gap in saudi arabia between available facilities and the potential needs of a rapidly growing population. the saudi ministry of health has launched several public-private partnership (ppp) initiatives in line with its national transformation programme, seeking to expand and improve the country's healthcare sector through foreign and domestic private investment.in 2017, the saudi arabian general investment authority (sagia) provided for 100 percent ownership to foreign investors in the healthcare sector. in 2020, the government also made a budgetary allocation of sar 167 billion toward the privatization of 295 hospitals by 2030, improvement of medical education and digitization of patient records."the government is keen to invest in and improve policies related to the sector, strengthening the legal and regulatory framework that would make it attractive for investors,“ makarem