NRI to establish hospitals in Saudi Arabia

NRINVESTaliJeddah based Velyapeediakal Mohammed Ali an investor in Saudi Arabia for 10 years, plans to build two 100-bed hospitals in Ghulail district of Jeddah and Batha district of Riyadh at a cost of Saudi riyals 200 million, and expand his operations to Bahrain by setting up a 150-bed hospital there.

Ali is also the first foreign investor to win a Saudi Arabia General Investment Authority license for opening a hospital in the Kingdom.

He has bought the land and completed procedures for the projects and is ready to finish the work in less than two years.