• HSBC

Gulf invests $10bn to build hospitals

  • Monday, November 26 - 2007 at 13:58

With demand for hospital beds in the region set to double by 2025, Arabian Gulf countries are spending $10bn to build new hospitals to meet demand. The budget for these projects, which does not include the costs for required medical equipment, is being led by Saudi Arabia, which is spending $6.5bn on dozens of public and private sector hospital and clinic projects, followed by Qatar ($1.5bn), and the UAE ($596m), according to statistics compiled by Proleads.

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