Investment in GCC healthcare infrastructure has risen considerably in recent years. Kuwait Finance House expects the Gulf's healthcare expenditure to reach almost $80 billion in 2015, with public expenditure accounting for nearly two-thirds of investment.
Saudi Arabia is expected to spend 18.6% of its total 2015 budget on healthcare. Its health care spending is projected to rise by an average of 6.2% a year between 2014 and 2018, to an estimated $48.3 billion.
According to a Saudi Press Agency report, Qassim Region Governor Prince Dr. Faisal bin Mishaal bin Saud bin Abdulaziz has laid the foundation stones for five health projects to be built at a cost of SR1.3 billion.
In the UAE, overall health care spending is expected to increase 6.9% each year to reach %19.6 billion by 2018, compared to its current level of $14 billion.
Qatar, Kuwait and Oman have also earmarked funds for the sector. The Big 5 Hub selects 10 major healthcare projects in the GCC. Click on picture to open image viewer
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