Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi Arabia to develop five integrated medical cities - report  Join our daily free Newsletter

MENAFN - Kuwait News Agency (KUNA) - 22/03/2014
No. of Ratings : 0
Add to Mixx!

(MENAFN - Kuwait News Agency (KUNA)) The Kingdom of Saudi Arabia is developing five integrated medical cities intended to offer high quality healthcare services for the populace of the Kingdom to address the rapidly increasing demand for health services, a Kuwait Finance House (KFH) report showed

These cities are expected to add 6,200 beds in the Kingdom moving forward, it said

The kingdom is aiming to achieve a hospital beds-to-population ratio of 3.50 beds per 1,000 people by 2014, which will require adding another 41,000 beds across the country. To accomplish this goal, the government's ninth five-year plan, covering 2010-14, allocates 273.9 billion Saudi riyals for various health initiatives, including the construction of 121 hospitals, 700 primary health centers and 400 emergency centers, it said

Total ongoing healthcare projects in Saudi Arabia stood at USD 14.8 billion which represents approximately 48.5 percent of all GCC healthcare projects in the GCC region - the highest among the GCC countries. Looking at the huge number of healthcare projects, it is imperative that the Saudi Arabia government ensures that the new hospitals, medical cities and health centers have the right personnel in place when they are commissioned, it indicated

There is an ambitious target to double the total number of nurses to more than 130,000 and increase the number of doctors to more than 66,000, a near 50 percent increase. A large number of nurses are presently recruited from the Philippines, Malaysia and Indian subcontinent. The shortage of medical professionals in the Kingdom has never been neglected by the government, it said

To ease the shortage of manpower, Saudi Arabia has invested in expanding the number of undergraduate medical colleges. Some institutions have agreed training partnership with overseas institutions. The Ministry of Health and the Ministry of Higher Education, in conjunction with new facilities including King Fahd Medical City, have managed to put in place training plans, both locally as well as in collaboration with international universities and training institutions, to train the workforces, the KFH report added

With the introduction of compulsory health insurance, the Saudi health insurance, and consequently healthcare sector, is expected to grow in the near future as more private companies are now bound to provide medical insurance. Similarly, the GCC and the kingdom's healthcare sector is going through rapid change and most of the governments in the region are encouraging private sector investment in this sector, either through direct investment or through public private partnership (PPP)

All these factors provide an opportunity for private healthcare operators and service providers to enter into a market which offers unlimited potential for growth

The private sector should not wait for governments to do all the foundation work for PPPs. Instead, the private sector can be proactive, conducting its own analyses, such as feasibility studies, and sharing market intelligence with the public sector, the KFH report concluded.


Kuwait News Agency (KUNA)

  MENA News Headlines
 Oct 6 2015 - IMF says Iran nuclear deal to boost Mideast economyAFP
(MENAFN - AFP) Iran's landmark nuclear deal will lift economic growth in the war-plagued Middle East next year as the rolling back of sanctions brings a rebound in oil exports, the IMF said ...

 Oct 6 2015 - Abu Dhabi s NBAD is 1 for GCC bonds DealogicEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 6th October 2015 (WAM) --- National Bank of Abu Dhabi (NBAD) the Safest Bank in Emerging Markets and the Middle East by Global Finance magazine is ...

 Oct 6 2015 - ADEC offers public school students an After School Support ProgrammeEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 6th October 2015 (WAM) -- The Abu Dhabi Education Council ADEC has organised an "After School Support Programme" for students for the 2015/2016 ...

 Oct 6 2015 - Four UAE soldiers martyred in AdenEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 6th October 2015 (WAM) -- The General Command of the UAE Armed Forces has announced the death of four of its brave soldiers in Aden during their ...

 Oct 6 2015 - UAE- Ajman Ruler congratulates Egyptian PresidentEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) AJMAN 6th October 2015 (WAM) -- H.H. Sheikh Humaid bin Rashid Al Nuaimi Supreme Council Member and Ruler of Ajman has sent a cable of congratulations to the ...

 Oct 6 2015 - UAE Ambassador to Bahrain attends mass weddingEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) MANAMA 6th October 2015 (WAM) --- Ambassador of the United Arab Emirates to Bahrain Abdul Redha Khouri recently attended a mass wedding for 202 couples with ...

 Oct 6 2015 - Dubai repays US500 million bonds certificatesEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 6th October 2015 (WAM) -- The Government of Dubai acting through the Department of Finance has announced that the US$ 500 million Fixed Rate Note ...

 Oct 6 2015 - UAE- Emirates Airline offers special A380 fares to a host of destinationsEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 6th October 2016 (WAM) --- Travellers in the UAE gearing up for year-end trips can now enjoy special fares to a host of destinations served by the ...

 Oct 6 2015 - UAE-MENA healthcare providers to spend US2.73bn on IT products services in 2015Emirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Dubai 6th October 2015 (WAM) - Healthcare providers in the Middle East and North Africa will spend US$2.73 billion on IT products and services in 2015 ...

 Oct 6 2015 - Dhahi Khalfan opens 2015 edition of Critical Communications Middle East in DubaiEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Dubai 6th October 2015 (WAM) - Lieutenant General Dhahi Khalfan Tamim Deputy Chairman of Dubai Police and General Security led the opening ceremony of the ...




Click to Apply


Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help