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Contact Info:

11 Vouliagmenis Av. 116 36 Athens, Greece

+30 210 9210080

info@salfo.gr

Eman Hospital PPP Housing Development, KSA

SALFO & Associates Saudi Arabia has been awarded by the Ministry of Health of Kingdom of Saudi Arabia as the leader of the project regarding the “Rehabilitation and development of Al-Iman Hospital housing with maintenance & operation, identification and study of investment opportunities for the current housing and vacant spaces” as a PPP project with sub-consultancy of Ernst & Young (Financial) and Tamimi (Legal).

 

Ministry’s scope is to rehabilitate existing and develop new housing in land adjacent to Al-Iman hospital in Riyadh to cover the current and future needs of housing through involvement of private investors in funding of construction, operation and maintenance expenses been compensated by the Ministry of Health through funds they allocate for personnel allowances and O&M expenses.

 

This project is the first PPP housing project SALFO undertakes, the first PPP project in GCC and the second PPP project in public sector.  PPP in housing has a great potential in the region while this is the first also project of SALFO KSA with Ministry of Health and based on estimation of their officials a big door of 200 projects to come has just opened up.