Hospital planned for Saadiyat Island
Saadiyat Island is set to get a key infrastructure facility currently missing on the island – a hospital.
The Abu Dhabi-government owned Tourism Development & Investment Company (TDIC) is looking for investors to build a hospital on the island.
The master developer of tourism, cultural and residential projects in the capital, including The Louvre-Abu Dhabi, has set aside a plot of 1.27 million square feet for the facility.
Investors have been asked to send in their proposals by December 21.
A hospital could prove to be an additional draw for those looking to live on the island. It will complement Cranleigh School, which opened this year; the museums due to open from next year and The District retail complex, set to open in 2017.
Al Masah Capital forecasts that the Mena healthcare market will be worth US$144 billion this year, up from $81bn in 2011, with the GCC rising to $69bn from $47bn over the same period.
Meanwhile, seven new hospitals are being built as part of the President’s Initiatives Committee in Abu Dhabi to meet growing demand.
Last week, TDIC sold the St Regis hotel and villas and apartments around it to Abu Dhabi United Group, the private equity company formed to take over Manchester City in 2008 and owned by Sheikh Mansour.
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Published: December 7, 2014 04:00 AM