Tribune News Network

DOHA

Construction works for the Algerian-Qatari-German Hospital have commenced in the new city of Sidi Abdellah, west of the Algerian capital.

The ceremony was attended by the Algerian Minister of Health and Population Abdulhaq Seyahi, Minister of Finance Aziz Faid, Minister of Agriculture and Rural Development Youssef Cherfa, Minister of Housing and Urban Planning Mohamed Tarek Belaribi, Minister of Labour Employment and Social Security Faisal Bin Taleb, Minister of Industry and Pharmaceutical Production Ali Oun, Governor of the State of Algeria Mohamed Abdel Nour Rabhi, Ambassador ofQatar to Algeria HE Abdulaziz Ali Al Naama, Group CEO of Estithmar Holding Eng Mohamed bin Badr Al Sada and Joe Hazel, CEO of Apex Health (previously Elegancia Healthcare) – a subsidiary of Estithmar Holding, in addition to Kamal Mansouri, Vice-Chairman and General Manager of the Algerian National Investment Fund and Ameen Badreesy, board member of the Algerian Qatari Healthcare Services Company representing the Algerian National Investment Fund.

During the ceremony, Aziz Faid, Minister of Finance, highlighted the project and the strong relations between Qatar and Algeria.

He said, "This is the first outcome of the fruitful strong relations between the two countries. This project wouldn’t have been developed if it wasn’t for the utmost support of the authorities. It is expected to enhance the healthcare services Algerians receive.”

He also highlighted the impact of the project on both the healthcare and financial sectors in Algeria.

"We consider this project a leap in our strategy to cope with the ever-evolving challenges, as it is equipped with the latest technology which will address elevated medical services that were not offered locally previously.”

From Doha, Qatar, Mohamed Moutaz Al Khayyat, chairman of Estithmar Holding, expressed his happiness with the rapid development of the project from signing to commencing construction.

He said, "The Algerian Qatari German Hospital is another step in Estithmar Holding’s promising expansion plans in the Healthcare sector. We value our partnership with the Algerian government in pursuing this leading project which will transform healthcare services in Algeria and stand as a model of collaboration between our two countries.”

Eng Mohammed bin Badr Al Sada, Group CEO of Estithmar Holding, expressed his satisfaction with the commencement of the construction works for the pioneering project of Estithmar Holding Company in Algeria.