UAE real estate giant Emaar Properties recently revealed plans to invest some Dh18.35 billion to develop and manage around 100 hospitals with 200 bed capacity each and at key centers across the MiddleEast and North Africa.
The plan involves the construction of hospitals, clinics and medical centres and investing in the provision of world-class healthcare services according to Khaleej Times. Emaar will provide the infrastructure as well as manage the administration and operations of such centers.
It will also form strategic partnerships with established healthcare institutions and providers that will ensure the presence of internationally qualified doctors, staff and specialists.
"Our foray into the healthcare business is part of a holistic approach to property development and complements our earlier announced plans for the education sector,” said a representative of the company.
“We aim to not just provide homes for people, but to build communities that provide a self-sufficient environment to live in.”
"Increase in chronic diseases, rapid pace of innovations in medical technology and growth in demand is expected to drive the amount of healthcare spending in the years ahead," he added.
