The Saudi Government has allocated SR68.7 billion ($18.3 billion) for healthcare service and social development for 2011, up 12 per cent from last year’s figure, said an expert citing official data.

The budget will cover the construction and equipping of primary healthcare centers, the building of 12 new hospitals, and the infrastructural development of four existing hospitals.

“The Saudi 2011 budget affirms the country’s commitment to maintaining its status as one of the region’s top health-oriented economies," remarked Mohammed Al Hussaini, deputy general manager, Riyadh Exhibitions Company, organisers of the upcoming Saudi Medicare 2011- The 14th International Healthcare, Hospital Supplies and Medical Equipment Show.

Running from April 10 to 13 at the Riyadh International Convention & Exhibition Centre, the trade-only event will be held under the patronage of the Saudi Ministry of Health.

The trade-only event will provide a comprehensive networking platform for healthcare investors, industry players, importers and practitioners.

On the Saudi healthcare scenario, Al Hussaini said, "In addition to the bigger funding, the Kingdom will need to partner with the best vendors, suppliers and service providers to secure a robust healthcare framework and attain its healthcare goals."

"Saudi Medicare 2011 once again provides a venue for stakeholders to interact with regional and international organizations and identify the best tools and techniques to further grow Saudi Arabia’s healthcare and medical sectors," he added.

There are currently around 120 new hospitals undergoing construction across the Kingdom that can accommodate around 26,700 beds, reflecting the numerous business opportunities available in the Saudi healthcare and medical sectors.

The larger funding for these sectors will open up even more prospects this year, a trend that will be highlighted during Saudi Medicare 2011, he noted.

This year's edition will once again showcase the latest diagnostic, surgery, lab, optics and ophthalmology equipments; disposable products; hospital furniture; implants; dental care products; and dentistry supplies.

Also taking place alongside the trade show are Saudi Eye Care 2011– The 7th International Eye Care and Optical Technology Exhibition and Saudi Dentistry 2011 – The 10th International Dental Health Exhibition and ‘Saudi Lab 2011 – The International Laboratory and Analytics Exhibition’.

The General Directorate of Hospital Affairs Administration of Radiology will also organize the 2nd Radiology Technologists Conference.

Organizers are confident that this year will sustain the momentum of the 2010 edition and again witness record figures. Last year, Saudi Medicare welcomed 138 exhibitors and 6,735 visitors to 8,000 sqm of gross exhibition area to reaffirm its status as the Kingdom’s premier healthcare and medical event.-TradeArabia News Service