First phase of King’s College Hospital Jeddah to open in 2023
Facility to serve as a platform for King’s College and Ashmore Group for further growth in Saudi Arabia
King’s College Hospital London in partnership with Ashmore Group and Saudi-based Bugshan Group has begun construction works on a new multi-specialty hospital in Jeddah. Scheduled to open in 2023, King’s College Hospital Jeddah (KCHJ) will cover an area of over 32,000sqm, with a capacity of 150 beds in the first phase.
Located on King Abdulaziz Road, the healthcare facility will be fully integrated with King’s College Hospital’s facilities in London, said a statement from Ashmore Group. This is expected to be the first of many similar projects providing Ashmore and King’s the platform for further growth in Saudi Arabia, it added.
Building on the success of King’s College Hospital Dubai, which in a short period of time has become one of the best hospitals in UAE, Ashmore said the Jeddah facility will be the country’s first truly integrated hospital bringing the full benefits of King’s College Hospital London to Saudi Arabia, and playing its role in achieving the Kingdom’s 2030 vision in the healthcare sector.
“We stand true to our ambition and commitment to bringing the best of British healthcare to the region in partnership with King’s College Hospital London. Following the success of King’s hospital and clinics in Dubai, entering Saudi Arabia marks a new chapter for King’s and Ashmore, with the first project being a landmark hospital in Jeddah. We expect to follow this with the establishment of similar King’s branded facilities, including specialized centres, in other parts of the Kingdom,” said Ahsan Ali, head of Healthcare Private Equity at Ashmore.
The hospital will be staffed with over 1,000 healthcare professionals, sourced from London, Saudi Arabia and the wider region, delivering care in line with the tested clinical pathways of King’s College Hospital London. Clinical innovation and smart technologies will be a prominent feature at the hospital, with 40 medical and surgical specialties and four Centres of Excellence in the following Institutes: Women’s Health, Metabolic Diseases & Bariatric Surgery, Orthopaedics and Heart & Vascular, the statement explained.
Chairman Hugh Taylor added, “We are delighted that King’s, in partnership with Ashmore, is expanding its footprint to Saudi Arabia, following on from the success of our hospital and clinics in the UAE. King’s College Hospital has a long history of providing outstanding patient care in London and as part of our ‘Strong roots, Global reach’ strategy we remain committed to delivering outstanding care for patients in Saudi Arabia.”
Ashmore CEO Mark Coombs said the group remained committed to supporting KSA’s continued development across multiple areas. He concluded, “We have been active in the kingdom for over the last two decades and were the first international fund manager to establish local operations with a dedicated team in Riyadh, and we are now excited about playing our role in the development of KSA’s healthcare sector by bringing King’s to the country.”
