Muscat to have new $54.5m hospital

The 70-bed multi-speciality hospital is expected to be completed within three years and address existing gap in the market

(File photo - Shutterstock)

A new $54.5m hospital is set to be completed in Muscat, Oman within three years, according to local media reports.

The Oman and Emirates Investment Holding Company and Spain’s Asistencia Sanitraria Interprovincial De Seguros SAU (ASISA) are behind the project, the Oman Daily Observer reports.

The 70-bed multi-speciality hospital will provide a wide range of specialised medical treatment and services such as mother and childcare, cardiology, genetics, urology, neurology, dermatology, oncology, rehabilitation, ophthalmology and IVF, it was reported.

ASISA belongs to the cooperative company LAVINIA-ASISA Group which has more than 12,000 doctors as shareholders, and employs more than 32,000 healthcare professionals.

The group owns 15 hospitals, over 64 medical centres and manages 600 concerted assistance centres in America, Africa, Mexico and now Oman.

The Oman project is expected to be completed in three years’ time and the promoters have appointed Financial Corporation SAOG (Fincorp) to advise and assist in the implementation of the project.

“There is a general perception of lacunae in the current healthcare facilities available in Oman and there has been a long waiting list in public hospitals for specialised treatments and surgeries. We are aware that many Omanis travel outside the country for specialised healthcare and the government also sends Omanis abroad for treatments not available in the country,” said Shaikh Nasr bin Amar al Hosni, CEO of Fincorp.

“This project is intended to fill the existing gap for world-class healthcare institutions in Oman and will also serve those patients who travel outside the country. The government’s Healthcare Vision 2050 focuses on enhanced private sector participation in the healthcare system in Oman. The European partnership will bring in foreign investment to the country and also improve the current system by transferring knowledge and skills from abroad,” he added.


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