Dubai-based Thumbay Group has announced plans to invest AED1.2 billion ($326.7 million) in a major expansion of its regional healthcare facilities.
The company said in a statement that it is set to open 15 more hospitals in the next five years, including the biggest private academic hospital in the region.
Thumbay Moideen, the founder president of Thumbay Group, also revealed plans to add a chain of Thumbay Eye Hospitals & Thumbay Fertility Centres in the near future.
Plans are also underway to open 25 more Thumbay Labs, 100 more Thumbay Pharmacies, 25 outlets of Nutri Plus Vita, 25 outlets of Zo & Mo Opticals and three more university campuses in Ghana, Malaysia and India by the end of 2020.
Thumbay said the projects With the completion of the above projects will employ 6,000 people in the next two years, with the total workforce growing to 15,000 by the end of 2020.
The new 400-bed teaching hospital, a 60-chair dental hospital and a hi-tech rehabilitation centre are to be built in the campus of Gulf Medical University in Al Jurf, Ajman.
The new hospital which is expected to be completed by 2017-18, will be the biggest private academic hospital in the region, Thumbay said, adding that it will focus on medical tourism.
The hospital will also feature a special robotic pharmacy, a first of its kind in the region.
Other hospitals in the pipeline will be built in Qatar, Saudi Arabia, Egypt and Ghana, the company added.