Dallah awards SAR 131 mln deal for hospital expansion

29/01/2018 Argaam

 

Dallah Healthcare Company has awarded a SAR 130.7 million mechanical, electrical, and plumbing (MEP) contract for the West Expansion of Dallah Hospital, Al-Nakheel, Riyadh, to Youssef Marroun Contracting Company, the company said in a statement to Tadawul.

 

The project, which will have a capacity of 150 beds and 30 clinics, will be financed through the operations of the company and long-term bank facilities related to the West Expansion.

 

The contract is expected to be completed by June 15, 2019.

 

The expansion is expected to have a positive effect on revenue and income after start of its operation by end-2019, the statement added.

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