Jordanian business segment of Prince Khaled inks new infrastructure agreement

Prince Khaled bin Alwaleed’s Jordan-based business, KBW Jordan, has inked a new agreement in healthcare infrastructure.

The JD133 million public-private partnership (PPP) agreement entails the build of a 260-bed hospital in Madaba. Expected to be completed in three years, the undertaking will be funded by the Jordanian government over a 10-year period after completion, and will also be run by the Jordanian government.

The second part of the agreement is a JD45 million contract to digitize military medical services, awarded to Farah Jordan, 49% owned by KBW Jordan.

Source: https://royanews.tv/news/354717