Officials sign the financing deal for the medical city.
Construction work to begin on $264m medical city
01 February 2020
The Saudi Development Fund (SDF) and the Arabian Gulf University (AGU) have signed a major agreement on financing the construction of the BD100-million ($264 million) King Abdulla Medical City in Bahrain, said a report.
The construction contract for the project had earlier been awarded to Al Fouzan Construction Company, reported Bahrain News Agency.
With the signing of the deal, construction work is set to begin soon on the state-of-the-art King Abdulla Medical City Hospital, which is expected to be operational by early 2022.
The medical city will be a multiple-phased mixed-use development comprising new academic and medical facilities, research centre, and on-site accommodation to create a self-sustained campus.
In Phase One, the project will see the development of a 264-bed hospital supported by on-site staff housing in addition to 15 operating rooms and quality support medical services such as advanced laboratories and a pharmacy.
Phase Two includes a medical school, research centres, physiotherapy centre, mosque, conference centre and a shopping centre.
SDF vice chairman and managing director Dr Khalid Bin Sulaiman Al Khudairi signed the deal with AGU president Dr Khalid bin Abdulrahman Al Ohali in the presence of other officials.
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