Bracewell LLP represented a lending group comprising Alinma Bank, Riyad Bank and Natixis Corporate & Investment Banking in relation to the Al Ansar Hospital PPP in Madinah, Saudi Arabia. The developers of the project are Tamasuk and Alghanim International.
The project comprises the design, procurement, construction, commissioning, operation and maintenance of a 244-bed public emergency hospital and associated facilities in Madinah, Saudi Arabia. This landmark project, realised under the Ministry of Health Saudi Arabia MOH PSP Initiative, will improve healthcare services for the residents of Madinah, as well as for pilgrims during Hajj and Umrah. Bracewell was supported by STAT Law in the Kingdom.
