UAE to launch one of the biggest ever investment project in Pakistan
ISLAMABAD: A United Arab Emirates (UAE) based group will invest US$ 970 million to build a Medical City in Islamabad to help growing medical needs of the citizens.
With a rapid increase in population, there is a dire need to revamp medical standards and facilities.
Keeping this in mind, Shaikh Mohammad Bin Faisal Al Qassimi, founder of a UAE based MBF group, has decided to invest US$ 970 million in Gulberg Greens Islamabad to build a `Medical City’.
Gulberg Greens has an area of 100,000-square meters in outskirts of the Capital.
In this regard, the MBF group made an agreement with Ibchez Housing and Nixon to kick-start this initiative.
The project will consist of a 400-bed university hospital, following international and advanced standards.
Upon the completion of this project, the medical city would be able to serve one million patients and clients on a monthly basis.
The medical city will also comprise Pakistan’s first medical mall along side therapeutic and recreational areas, a regional cardiology center, and an orthopaedic center. The Medical city will also include a new nursing college.
Alongside the development of this Medical City, the group will also manage 1,000 medical, technical and an all Pakistani administrative staff.
The MBF is also responsible for providing all medical equipments as well as beds. - APP