Masah Construction wins key Saudi hospital project deal
RIYADH, August 11, 2021
Saudi-based Dr Sulaiman Al Habib Medical Services Group has awarded the contract for mechanical, electrical and plumbing (MEP) services and glazing works for its North of Riyadh Hospital project in the capital.
The contract worth SR518 million ($138 million) was awarded to Masah Construction Company, said the Saudi medical services group in its filing to Tadawul.
The work is likely to begin soon and is due for completion by the first quarter of 2023, it added.
Dr Sulaiman Al Habib Medical Services Group had, in May, announced plans to set up a new hospital project in Al Kharj governorate in the south of capital Riyadh for one of its subsidiaries, Sehat Al Kharj for Healthcare Company.
The new 141-bed facility will be coming up on a 44,303-sq-m area in the Jawharat Al Kharj neighbourhood at an investment of SR458 million ($122 million), it added.-TradeArabia News Service
