Healthcare Projects ‘Unaffected’ in Gulf

DUBAI — Healthcare projects remain unaffected in the Gulf countries, despite the global credit crisis as spending on new hospitals and healthcare facilities is estimated at $14 billion in the region.

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Published: Fri 12 Jun 2009, 11:18 PM

Last updated: Sun 5 Apr 2015, 9:41 PM

As construction prices in the region fall, the healthcare sector is not only surviving the global economic crisis, but is thriving, according to the organisers of Hospital Build, a three-day healthcare exhibition scheduled from June 14-16, 2009.

There are currently more than 100 hospitals in the planning stage across the Middle East and Africa. While so many industries are feeling the bite of the credit crunch, healthcare projects remain relatively unaffected because of government support and a long-term commitment to healthcare infrastructure growth. “Approximately $14 billion is being spent in the Arabian Gulf countries alone on new hospitals and healthcare facilities,” said Simon Page, Group Director for Life Sciences at IIR Middle East, the organisers of the fair.

“Towards the end of 2008, it was reported that some medical projects were postponed as a result of an increase in the cost of building materials. Now, however, the cost of steel and cement have tumbled, approximately 70 per cent and 22 per cent respectively, and many projects, such as the $1.9 billion first phase of the Cleveland Clinic in Abu Dhabi and the $572 million Mohammed bin Rashid al Maktoum Academic Medical Centre in Dubai Healthcare City are progressing well,” Page said.

Burt Hill, one of the world’s largest architecture, engineering, interior design and landscape architecture companies, will be taking part in Hospital Build to showcase their work on Al Mafraq Hospital, one of Abu Dhabi’s oldest hospitals, which is being replaced with state-of-the-art facilities using environmentally friendly design elements.

· abdulbasit@khaleejtimes.com


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