$200 million investment brings best of British healthcare to Dubai
This follows on from the successful launch of King’s College Hospital’s flagship Abu Dhabi clinic, which recently celebrated its first anniversary.
UK-based Ashmore Group plc will act as the investment manager for the $200 million project. Al Tayer Group and Dubai Investments PJSC are local equity partners in the project.
Rt Hon Alistair Burt, Minister of State for Community and Social Care at the Department of Health said:
The UK public and private healthcare system is considered among the top in the world. We are extremely excited to expand British healthcare internationally, particularly within the UAE.
Our long-standing ties with the UAE will continue to strengthen with the presence of King’s College Hospital and Clinics in Dubai, combined with the specialist emerging markets investment management experience of Ashmore Group plc.
The first of the facilities to open their doors will be a number of clinics towards the end of 2016 and in 2017.
This will be followed by the 80 to 100 bed multi-specialty King’s College Hospital Dubai scheduled to open in 2018. The hospital will offer 4 main specialties as well as acute and general medical services
- paediatrics
- endocrinology
- orthopaedics
- obstetrics and gynaecology
In line with the existing operating model of the Abu Dhabi clinic, all staff and services will be fully integrated with King’s College Hospital London to provide quality, evidence-based healthcare to the UAE. A significant proportion of experienced clinicians will be joining Kings College Hospital Dubai from the UK.
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