Apex Medical Group (AMG), part of the Saudi conglomerate AlJoaib Holding, said it has reached a milestone with the completion of the market feasibility study of its US$1bn Medical City project in Oman.
Kane Healthcare Consulting Group, in consortium with Ernst & Young (E&Y) as financial advisors and Atkins as master planners, completed the market, operational, regulatory and financial feasibility study of the project, according to a press release.
Spread over 500,000sq m of land by the sea in Salalah, the Medical City is being developed at the site of an integrated medical tourism complex donated by the Oman Ministry of Tourism.
The practice leader of Kane Healthcare Consulting and an appointed project director for AMG, Dr Naeema Aziz, led this feasibility study consortium, said AMG president Dr Abdullah al Joaib.
The consortium conducted a very substantial feasibility study aligning clinical programmes with Middle East regional organ transplantation, rehabilitation and other advanced tertiary care multi-speciality treatment service needs and underpinning decision-making with financial modelling.
Dr Aziz said the purpose of conducting the study in a consortium is to bring together the collective expertise of professionals who have years of experience in the Middle East and around the world, and have been leaders and pioneers in starting hospitals and medical schools and in nurturing healthcare systems on multiple continents.
The project will consist of a multi-speciality 530-bed tertiary care hospital, transplant and dialysis centre, rehabilitation centre and a medical and diagnostic centre.
© Muscat Daily 2012
