Middle East Healthcare Company, one of the largest healthcare service providers in Saudi Arabia, said it has awarded major contracts worth a total of SR600 million ($82 million) to International Hospital Construction Company (IHCC) for the design and construction of a 300-bed hospital and staff housing units in the kingdom.

As per the deal, IHCC, a specialist in providing turnkey solutions for healthcare, educational, and mixed-use projects, will build the Saudi German Hospital in Makkah city at cost of SR389 million and the staff quarters in Makkah and Dammam for SR113.73 million and SR98.1 million, respectively, said the company in a statement to Saudi bourse Tadawul.

These projects are expected to be completed within the next three years, it added.-TradeArabia News Service