The Ministry of Health (MoH), Saudi Arabia in cooperation with the National Center for Privatization & PPP (NCP), announced the launch of the Expression of Interest (EOI) for King Faisal Medical City (KFMC) in Abha, and Prince Mohammad bin Abdul Aziz Medical City (PMMC) in Sakaka.
The project is being tendered under a public-private-partnership (PPP) model of Design, Build, Finance, Operate with no clinical operations, Maintain and Transfer.
The Statement mentioned that, King Faisal Medical City (KFMC) will have a bed capacity of 1,024, and Prince Mohammad bin Abdul Aziz Medical City (PMMC) in Sakaka will have a bed capacity of 442 beds.
The MoH is tendering the project under a (PPP) model, where the private sector would be responsible for completing the construction of the medical cities with an innovative design to provide health services according to modern healthcare models.
The completion of construction of both medical cities is essential to meet the high demand for tertiary specialized care of the growing population in the southern and northern regions. In addition, private sector participation in managing hospitals and medical cities will contribute to Saudi Vision 2030 goals such as increasing its contribution in providing healthcare services, improving infrastructure and managing health facilities.
Interested local and international investors are invited to view the EOI document, that contains information about the project, by visiting the NCP website. The final date to submit EOIs is 10 January, 2022 at 3pm KSA time.
The MoH is being advised by the following advisers for the Project:
- HSBC Saudi Arabia as Lead and Financial Adviser
- Abuhimed Alsheikh Alhagbani Law Firm (AS&H) in cooperation with Clifford Chance as Legal Advisor
- Jacobs as Technical Advisor.
