Kuwaits Health Insurance Company (Daman) has signed a contract worth KWD 162mn ($530.85mn) with China Metallurgical Group Corporation (MCC) to build two hospitals in Jahra and Ahmadi governorates with capacity of 600 beds each.
The hospitals will serve insurance-paying expatriates, who account for some 70 percent of Kuwaits 4.4 million population.
The hospitals are to be ready to operate by the end of 2019, Dr Ahmad Al-Saleh, Damans board-member and chief executive, said in his speech during the signing ceremony, adding that the MCC would carry out design, construction, equipping and maintenance works.
Saleh did not mention when his company plans to sign a contract to build a third hospital in Farwaniya as part of the plan announced at the time of its establishment.