North Jeddah Hospital is built on an area of 24,100 sqms with an estimated total built-up area of 233,900 sqms. The SAR 1.7 billion project is an integrated hospital that provides healthcare services through 270 clinics and 350 beds.
Health care > Health Care Services
1.70 (Billion Riyal) * Actual Cost
270 clinics / 350 beds
North of Jeddah
Al Muhammadiya Hospital for Healthcare Company (North Jeddah Hospital) was incorporated in 2018, and is wholly owned by Dr. Sulaiman Al-Habib Medical Services Group Company.
The Group announced that the project is in engineering design phase, and therefore The Group hasn't completed the final engineering and operational studies.
The Group intends to finance the project through a loan from The Ministry of Finance, sharia-compliant loans from local banks, and its operational cash flows. The Group intends to complete the project and commence operations in 2024.