Saudi Arabia’s Health Ministry announces 3 PPP hospital projects

Saudi Arabia’s Health Ministry announces 3 PPP hospital projects

Saudi Arabia’s Ministry of Health will tender three maternity and children hospital projects under the Public-Private Partnership (PPP) model in the third quarter of this year.

The projects would be tendered in August 2023 under 20-year-plus Design-Build-Finance-Operate-Maintain (DBFOM) contracts, according to details shared by the National Centre for Privatisation & PPP (NCP). The hospital capacities weren’t specified.

The three projects are as follows:

- Al-Yamamah maternity and children hospital in Riyadh

- Al-Masadiyah maternity and children hospital in Jeddah

- Al-Ahsa maternity and children hospital in Ahsa

Earlier, NCP had approved 200 projects for privatisation and co-development with the private sector in 17 sectors to attract more local and foreign investments.

(Writing by Anoop Menon; Editing by Bhaskar Raj)

([email protected])

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

© ZAWYA 2022