New information has been revealed about the construction progress of Saudi German Hospital’s complex in Dammam.
Work on the project passed the 66% completion mark on 31 January, 2019, the medical practice said in a statement on Saudi Arabia’s stock market, Tadawul.
Middle East Healthcare Company, which owns four hospitals in the kingdom, located in Jeddah, Riyadh, Madinah, and Khamis Mushait.
Construction on the healthcare facility started on 7 December, 2016, and its completion is due by 6 June, 2019.
International Hospital Construction Co (IHCC) was awarded deals to build Saudi German Hospital's facilities in Dammam, as well as Makkah. IHCC's contract for the Dammam hospital is valued at $90m (SAR336m).
Saudi German Hospital is owned bThe business wants to build more hospitals as the country’s growing population creates the need for bigger and more advanced healthcare facilities. A 2018 report from Knight Frank, for example, found that the kingdom may need up to 20,000 extra hospital beds by 2035 to cope with the greater number of people that now also have better average lifespans.
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