Logo of Mouwasat
Mouwasat Medical Services Co. announced the completion of the construction works in its new Mouwasat Hospital in Madinah, according to a bourse filing.
The company is ready to launch the trial operation of this project as all necessary tests for the construction and medical systems will be conducted from the date of receiving electricity connection.
This is expected within three weeks from the date of this announcement, the statement added.
The project reached 97% completion rate, and is expected to be completed in July 2021.
According to data compiled by Argaam, Mouwasat signed in December 2017 a construction contract worth SAR 205 million with Project Build Co. Ltd. (PBC) to build its new branch in Madinah.
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