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US$500m health tourism project for Saudi Arabia
By Tom Walker
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Mount Batten Group
c£65,000pa + pension + benefits
location: mount batten centre, plymouth, United Kingdom
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Construction work is expected to begin in October 2012 on a US$500m health tourism project in Riyadh, the capital of Saudi Arabia.
Brazilian company Braengel has been appointed to build the 76,000sq m (818,000sq ft) mix-used complex, which will include a hospital, a luxury hotel, a spa, health club and retail space.
In a statement, Al Shoula Holding Group - which is behind the scheme - said that the focus of the project was to offer "aesthetic medicine services to women in the Middle East".
Exact details of the project remain to be confirmed, but it is believed that the financing is in place with 60 per cent coming from Saudi and Qatari businessmen and the remaining 40 per cent being sourced from Brazilian investors. Details: www.braengel.com.br/
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Construction work is expected to begin in October 2012 on a US$500m health
tourism project in Riyadh, the capital of Saudi Arabia.
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