Basra’s Investment Commission Issues its first investment License in the health sector

Basra’s Investment Commission Issues its first investment License in the health sector

hospital-0194bfc6Basra Investment Commission licenses first investment in the health sector to build a maternity hospital extension.

The Director of the Basra Investment Commission, Haider Ali Fadel, said “Basra Investment Commission granted the first license to invest in the health sector in the city. The project will be an expansion by Al-Mousawi private hospital to build a maternity extension (valued at 3 billion dinars) and will take up to three years to complete construction.”

He stated that the “This maternity hospital is the first of its kind in the Basra area, will occupy of 1,547 square meters, and is located within the existing hospital. The expansion will include the establishment of a four-story building on a piece of land belonging to the company (307 square meters) to construct a section for gynecological and obstetrics equipped with the latest technology.” He also noted, “The expansion will also include the development of the sixth floor of the building to be supplied with equipment for intensive care and premature babies. The expansion will also include the necessary medical equipment for catheterizations and open heart operations.”