Lana bags SAR 40.9M project with HHC

Lana secures SAR 40.9 million healthcare waste management project with HHC in Eastern Province

Lana Medical Co. said it was awarded, on June 9, a project by the Health Holding Co. (HHC) for SAR 40.95 million to collect and store hazardous healthcare waste from healthcare centers, hospitals, and specialized medical facilities in the Eastern Province.

According to a statement to Tadawul, the 60-month-project will begin from the site handover date following the signing and approval of the contract.

Lana noted that the project aims to provide specialized and safe hazardous healthcare waste management services, ensuring compliance with the highest technical, operational, and environmental standards. This will also contribute to the protection of public health and mitigating the environmental impact associated with the handling, transportation, and storage of such waste.

The financial impact of the project is expected to begin from Q4 2026, the company noted, adding that there are no related parties involved.

The award reflects Lana’s ongoing efforts to strengthen its medical waste management services in line with the highest environmental and operational standards, supporting the quality of healthcare services and the protection of public health and the environment.

The company further pointed out that the project aligns with its strategy to strengthen its presence in Saudi Arabia's environmental services sector and expand its integrated medical waste management solutions. This comes in line with the objectives of Saudi Vision 2030 in environmental sustainability and service quality enhancement.