Al-Mukhtas Al-Sehhi Medical, the 51%-owned subsidiary of Saudi Arabia's Specialized Medical Company (SMC Healthcare), has been awarded a SAR 3.8 billion (USD 1 billion) contract by the Kingdom's Ministry of Health to manage and operate the SABIC Behavioral Care Specialist Hospital.
The agreement runs for a 15-year term under a Public Private Partnership model, with the government retaining its role as both procurer and asset owner while the subsidiary assumes full operational responsibility. The 150-bed facility includes 19 outpatient clinics and six day-care units, positioning it as one of the Kingdom's most comprehensive behavioral healthcare centres.
The deal reflects Saudi Arabia's continued use of PPP structures to expand specialised healthcare capacity and reduce the burden on public budgets, aligning with Vision 2030's broader push to privatise service delivery while strengthening mental health infrastructure across the Kingdom's expanding healthcare sector.
Gulf Economist Staff Writer