“Steward’s entry to the Middle East market is a key milestone for the company”, says Dr Ralph de la Torre, Executive Chairman of Steward Health Care International. Steward’s world-class provision of care will form an integral part of the facilities in this pioneering, luxury development in the Middle East”, says Dr Armin Ernst, President and CEO of Steward Health Care International. “The Red Sea project cements Steward’s position as an ambitious, forward-facing company and a leader in global health care. The development of the Red Sea projectwill eventually comprise more than 50 unique luxury resorts, whilst keeping the environment and sustainability at the forefront of the project. The Red Sea Development Company is entirely owned by Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), and is inspired by the Kingdom’s ambitious economic and social transformation programme, Vision 2030.
STEWARD HEALTH CARE FACILITIES FULL
Steward alf Global offers a full suite of services in Saudi Arabia, from hospital design, construction, engineering, medical facilities management, clinical operations, and population health services. Steward Health Care International formalised an operating agreement appointing the firm, via its regional joint venture company, as the exclusive provider of healthcare services for The Red Sea project, an ambitious and transformative Saudi Arabian giga project.Īfter a highly competitive process, Steward alf Global – a joint venture between Steward International and Saudi-based infrastructure company Alfanar – was selected by The Red Sea project to provide a full range of healthcare services to what will be the world’s largest regenerative tourism project. Steward alf Global will partner with PIF-backed developer The Red Sea Development Company in Saudi Arabia to provide healthcare services to what will be the world’s largest regenerative tourism project.Steward Health Care International announces its first project in the Middle East via Riyadh-based joint venture Steward alf Global Healthcare LLC.
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