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FINANCIAL NEWS
Oman’s Apex, GE partner on USD1b medical city
02 Feb 2013
(MENAFN) Oman’s Apex Group (AMG), a subsidiary of Al Joaib Group has a greed with General Electric (GE) to cooperate on a USD1 billion medical city project in the sultanate Arabian Business reported.
The partnership includes exploring development opportunities in healthcare, energy, water and home and business solutions within the project.
The International Medical City project will accommodate 530 beds, and will include a transplant and dialysis centre of excellence, a rehabilitation centre, and a diagnostic centre of excellence.
Other facilities include a trauma and emergency unit, ambulance services, intensive care unit, blood bank, pharmacy, and organ transplant donor registry, as well as a four-star hotel.
Under the agreement, GE will provide the latest technology as well as developing innovative products during the design and construction period, a statement said.
GE will also support the project with green energy solutions focused on solar, wind and gas power generation, water technologies and lighting with a focus on sustainability, it added.
As part of the agreement, Apex will also explore GE’s technologies in organ transplant, life sciences and diagnosis for developing the tertiary care hospital.
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