Al-Mousa Healthcare , one of the leading private healthcare providers in Saudi Arabia, announced 608.8 million riyals with Al-Majal Al-Arabi Group to carry out the electromechanical works and integrated architectural finishes for its ambitious project, the new Al-Mousa Specialist Hospital in Al-Hofuf City, Al-Ahsa Governorate.
In an official statement published on the Saudi Stock Exchange (Tadawul) website, Al-Mousa Healthcare clarified that the contract duration is 16 months, commencing from the date of signing. The scope of work includes the execution of all internal and external works for the project, including advanced electrical and mechanical systems and final architectural finishing works, in accordance with the highest approved engineering and technical specifications, ensuring the project is delivered fully operational upon completion.
Project context and its strategic importance
This project comes as part of the strategic expansion of Al-Mousa Healthcare, which has a long history of serving the Eastern Province since the establishment of its first facility in 1996. This huge investment reflects the company’s commitment to developing the health infrastructure in the Kingdom and contributing effectively to achieving the goals of Saudi Vision 2030 , specifically the Health Sector Transformation Program, which aims to enhance the role of the private sector in providing high-quality and easily accessible healthcare services to all citizens and residents.
Expected impact at the local and regional levels
The new Al-Mousa Specialist Hospital is expected to revolutionize the level of medical services provided to residents of Al-Ahsa Governorate and surrounding areas. The project will offer specialized medical services and cutting-edge treatment technologies, reducing the need for patients to travel to other cities for treatment. Economically, the project will create hundreds of direct and indirect job opportunities during both the construction and operational phases, supporting the local economy and promoting sustainable development in the region.
Regionally, this project reinforces the Eastern Province's position as a leading center for advanced healthcare, capable of attracting top medical talent and providing a model for public-private partnerships in healthcare development. The company indicated that the positive financial impact of the contract is expected to begin appearing in its financial statements after the hospital's construction is completed and it becomes fully operational, representing a valuable addition to its portfolio of operating assets.
