Riyadh – Mubasher: Fitaihi Holding Group said that the expansion strategy of its 19.34% affiliate International Medical Center includes three new projects over the next five years, according to a bourse filing.
Riyadh – Mubasher: Fitaihi Holding Group said its 19.4%-owned affiliate International Medical Center will launch three projects as part of a new five-year expansion strategy, according to a bourse filing. (optional paragraph)
The planned projects come in line with Saudi’s National Transformation Programme (NTP) 2020.
The first project is the establishment of an international medical center in Medina, while the second is the expansion of Jeddah’s International Medical Center, with implementation works to commence in Q3-17 and preliminary operation by the beginning of 2019.
A new faculty for medical sciences will also be established in Jeddah, with its studies and construction designs to be undertaken by Q4-16 with operation to commence by 2020.
