Saudi health sector to attract $10.9bn investments
Saudi's health sector is expected to attract $10.9bn in investments over the next five years
Saudi Arabia's health sector is expected to attract $10.9bn (SAR41bn) in investments over the next five years, a recent Saudi international healthcare symposium revealed.
The system is ripe for close collaboration between the private and public sectors - aiming to overcom challenges such as high treatment costs and create a climate for scientific research, advanced technology and innovations in therapy procedures, Al Riyadh reported.
In its current budget, the Kingdom has allocated almost $27.9bn (SAR105bn) for healthcare and social services.
Healthcare expenditures per capita have risen from $373 (SAR1400) in 2000 to $746 (SAR2800) in 2013 - an average annual growth.