Drake & Scull wins Saudi US$ 51.4 mn MEP contract
25th September 2014
Drake & Scull International PJSC (DSI) has announced that its subsidiary Drake & Scull Saudi Arabia has won a US$ 51.4 million (AED 189 million) MEP contract for Al-Dara Hospital and Medical Centre in Riyadh. The contract will start immediately and be completed by January 2016.[..]
New Dh 880 mn pharma plant to be set up in Abu Dhabi
16th September 2014
A Dh 880 million pharmaceutical plant is to be built at Abu Dhabi's Industrial City, it was announced yesterday. The state-of-the-art Abu Dhabi International Pharmaceuticals (Abu Dhabi Pharma) will transform the industry in the UAE, creating yet another major producer to satisfy burgeoning regional demand. According to a report from the Gulf News, construction of the plant is to begin shortly and completion is expected within two years.[..]
Bahrain's Salmaniya hospital, other healthcare facilities, to undergo US$ 39.5 mn upgrade
21st August 2014
According to reports in ConstructionWeekOnline.com, Salmaniya Medical Complex (SMC), Bahrain’s main hospital, is undergoing a US$ 39.5 million (BHD 15 million) upgrade.[..]
Qatar's Sidra hospital project facing repeated delays , main contractors sacked
23rd July 2014
According to reports in Doha News, Qatar's national daily and a statement released by Qatar Foundation, the organization that funds the Sidra hospital project, On 22 July 2014, Qatar Foundation for Education, Science and Community Development terminated the contract for design and construction of the Sidra Facilities in Doha, Qatar, which was awarded in 2008 to the OHL Internacional / Contrack (Cyprus) Ltd. Joint Venture.[..]
US to build US$ 1.7 bn Kuwait military hospital
2nd July 2014
The US government has announced it will build a US$1.7 billion military hospital in Kuwait. The US Army Corps of Engineers would oversee the construction and provide project management, engineering, planning, design, acquisition, contract administration, construction management and other technical services for construction of facilities and infrastructure for the Kuwait Armed Forces Hospital, the Defense Security Cooperation Agency (DSCA), the arm of the Pentagon that manages foreign military sales, said in a statement on Monday.[..]
Carillion to build Phase II of Aldara Hospital in Saudi at US$ 118 million
18th June 2014
Carillion Saudi Arabia, and Aldara Medical Corporation entered into a contract for the construction of Phase II of the Aldara Hospital and Medical Center in Riyadh, KSA, valued at an estimated US$ 118 million.[..]
Oman Signs Deals to Build Five New Hospitals
13th June 2014
The Oman Minister of Health, Dr. Ahmed bin Mohammed bin Obaid al Saeedi, has signed agreements with a consultancy company for the design and construction of five new hospitals across various governorates of the Sultanat: the wilayat of Suwaiq in North Batinah, Khasab in Musandam, Al Najat in North Batinah, Samail in Dakhliyah and Al Falah in the South Sharqiyah governorate.[..]
Dubai 's Rashid Hospital AED 161 mn Expansion -Construction Works Begin
12th June 2014
Construction work has commenced on the expansion of the Trauma and Emergency Centre of Rashid Hospital, according to Dubai Health Authority (DHA) at an estimated cost of AED 161 million (US$ 26.16 million) , with the aim of adding 160 beds to the facility and likely to be completed in 12 months.[..]
Major GCC Healthcare Projects
18th May 2014
As per the April 2014 GCC Healthcare report from Alpen capital, the GCC healthcare market is projected to grow at 12% per annum to US$69.4 billion by 2018 from an estimated US$ 39.4 billion in 2013. Some of the major Healthcare (Hospital) projects in the GCC include the following:[..]
MAG Group to develop Dhs.800Mn project in Dubai Healthcare City
2nd February 2014
Dubai based MAG Group announced the signing of a joint venture agreement with Dubai Healthcare City to develop approximately one million square feet mixed-use project in Dubai Healthcare City at an estimated cost of around Dhs.800 million. The development will include two hospitals covering a total of 260,000 square feet, plus an 80,000 square feet clinic; a residential complex of four buildings with combined gross floor area of 430,000 square feet; a hotel apartment with a gross floor area of 80,000 square feet and 100,000 square feet of retail space. The project will also include a mosque and one of the most advanced automated car parks and extensive hard and soft landscaping.[..]