Saudi’s Dallah Healthcare Company has signed a contract worth 159 million Saudi riyals ($42.30 million) with Youssef Marroun Contracting Co. for the mechanical, electrical and finishing works of the second phase of Dallah Namar Hospital in Riyadh, the company said in a statement to the Saudi stock exchange.
 
Under the 13-month contract, the contractor will complete and equip the clinic's building in the second phase, bringing the facility to its maximum capacity after completion.
 
The new phase is likely to become operational in 2024.
 
In April, Dallah Healthcare had received the approval of the Ministry of Health to double Dallah Namar Hospital's capacity to 300 beds.

(Writing by D Madhura; Editing by Anoop Menon)

(anoop.menon@lseg.com)