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Al Ansar Hospital
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Al Ansar Hospital

About the Project

The First Healthcare PPP in Saudi Arabia

Tamasuk, acting as Managing Member, and Alghanim International are developing a new hospital in Madinah, having signed a 20-year Project Agreement with the Ministry of Health. The Al Ansar Hospital PPP represents the first pilot project under the hospital PSP Initiative and will set the template for healthcare PPPs in the Kingdom in the future.

The project involves the development, construction, and financing of a 244-bed public hospital and associated facilities for the MOH, which will primarily serve as an emergency hospital for pilgrims and residents in Madinah. The consortium is also responsible for the provision and long-term servicing and maintenance of the medical equipment for the hospital.

Construction work commenced on Al Ansar Hospital in 2023, and the hospital is expected to reach operational status during the 2027 Hajj season.

Client
Ministry of Health (MOH)
Industry
Healthcare
Location
Madinah, Saudi Arabia
Role
Lead Developer, Investor and Facilities Management Operator
Target Completion
January 2027
Operation and Maintenance
TOFM and Alghanim partnership on the non-medical operations and facilities management

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Tamasuk’s Role

Tamasuk is the lead developer in a consortium with Alghanim International to develop, finance, construct, operate, and maintain the greenfield 244-bed Al-Ansar Hospital. The project was the first healthcare PPP for MOH in Saudi Arabia, the first international equity investment, and the first international bank debt funding in social infrastructure in the kingdom.

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