KHC announces the expansion of Kingdom Hospital worth SR 550 Million

05/09/2012 12:23 AST

Kingdom Hospital, Riyadh (KH) a subsidiary of Kingdom Holding Company will bring out the SR 550 Million expansion plan in Saudi Arabia. This Expansion plan is in accordance with the expected rise in the demand for healthcare in Saudi Arabia over the course of the next 2 decades.

The expansion plan reflects the Kingdom Hospitals commitment to provide high quality care, combining clinical skills and cutting edge technologies and will be on a recently acquired adjacent plot of land south of the hospital by Kingdom Holding Company.

The project will be developed over the next 3 years with a total build-up area of 85,000 sqm and will include an inpatient tower, an outpatient treatment pavilion, and a day surgery center.

The major components of the expansion plan includes:

1.Specialized outpatient clinics to accommodate one million visits a year

2.A added patient-bed tower, including the addition of 150 new private rooms

3.State-of-the-art operating rooms and day surgical services areas

4.An expansion of the hospital's Emergency Department and Trauma Center which will double in size to accommodate more than 100,000 adult and pediatric visit

5.Two levels underground parking.

Kingdom Holding Company (“KHC”) is a Saudi Arabian company and was founded by HRH Prince Alwaleed bin Talal in Riyadh in 1980. Currently HRH Prince Waleed bin Talal holding 95 percent of company’s ownership.

KHC is one of the world's largest and most diversified private investment companies with holdings in a large number of Saudi Arabian, Middle Eastern and International companies.

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