Mecca: 27 real estate assets evaluated for Ajyad Hospital new location

Published March 23rd, 2005 - 11:04 GMT

According to Al-Watan newspaper, the special committee at the Ajyad Hospital location finished evaluating 27 real estate assets, on which the project will be established. Mr. Osama Farghali, a seal estate expert and committee member, said that the value of the assets, which will be removed to establish Ajyad Hospital Project in Mecca, exceeds SR1 billion.

 

The Mecca Development Higher Commission rejected a proposal by three Saudi companies (Mecca Construction Co., Bin Laden Group and Saudi Oger) due to excessively long period of time required by these companies to prepare the project's site. According to the project's plan, a multi-tower residential and shopping center will rise from the site of the old Ajyad Hospital, located on the very edge of the Grand Mosque. A modern hospital will also be built as part of the center.