Jordan inks $187M health sector deal for new hospital in Madaba

Prime Minister Jafar Hassan and Prince Khalid bin Alwaleed Al Saud, chairman of KBW Investments, along with Joint Chiefs of Staff Chairman Maj. Gen. Yousef Huneiti, witnessed the signing of two foreign investment agreements totaling 133 million Jordanian dinars (approximately $187 million) for the health sector.

The agreements include the construction of the new Hospital in the governorate of Madaba and a digital transformation project for hospitals under the Royal Medical Services Directorate.

Prime Minister Hassan emphasized that this marks the first time a government hospital will be built in partnership with the private sector, a crucial collaboration to enhance the efficiency and quality of health services in the kingdom.

Hassan noted that the Madaba Hospital project has been delayed for over 10 years and is essential for serving citizens, particularly in the Madaba governorate.

The prime minister clarified that the new Madaba Hospital will be entirely government-managed and will feature approximately 260 beds, expandable to 360. He added that the hospital is expected to be completed within three years, allowing citizens to benefit from its integrated services.

Prince Khalid bin Alwaleed expressed pride in KBW Investments, which has been investing in Jordan for over a decade, and indicated the company's desire to expand investments into various other sectors.

"We are always ready to invest in Jordan because we consider it our second home," Prince Khalid said after the signing.

The prime minister highlighted that this initiative is part of the government's strategy to improve the health system and develop hospital infrastructure, contributing to the provision of high-quality medical services for citizens.