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FinancialNews


  • 05-04-21

    Saudi Arabia plans to increase private sector participation from 40 percent to 65 percent

    (MENAFN)According to a new Gulf Cooperation Council (GCC) report, Saudi Arabia aims to invest SR250 billion (USD66.67 billion) in healthcare infrastructure and increase private sector participation from the current 40 percent to 65 percent by 2030.

    The report estimated the Kingdom’s population is going to increase from 34.3 million in 2019 to 39.4 million by 2030 and anticipated that the figure may stand at 45 million by 2050.

    It further declared that revealed strong increase in the GCC healthcare sector led by a raise in medical devices, an increasing branded generics market and raised investment in infrastructure and innovation.

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