Qatar’s IHG plans to launch 2 new projects in Healthcare sector

By Arya M Nair, Intern Reporter
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Investment Holding Group (IHG), a limited liability company based in Qatar, has revealed its plans to launch two new projects in the healthcare sector.

The first project is The View Hospital in cooperation with Cedars-Sinai American Hospital, and the second project is the Korean Hospital in cooperation with the prominent providers of medical care services in Korea.

These two projects are launched as a part of expanding the Group’s portfolio in health sector services. It is worth noting that IHG announced last month the division of its business sectors into five sectors, including health care, services, tourism, contracting, and industries, in preparation for expansion in the local, regional and international markets.

In the services sector, the IHG announced a contract with a number of clients to provide catering services, facilities management, security and human resources ahead of the upcoming 2022 World Cup in Qatar.

In the contracting and industries sectors, the IHG is preparing to enter the field of modular construction, and work is currently underway in various sectors to develop the company’s business.

Earlier this month, IHG launched its latest project, Al Maha Island, the entertainment and leisure destination that will transform Qatar tourism. The world-class project is led by the association of IHG, IMG, in collaboration with Qatar Tourism Authority and Qatari Diar.

IHG also announced an increase in authorized share capital, following Qatar’s first-ever reverse acquisition, this month. The reverse acquisition supports Qatar’s economic diversification, in line with the country’s national development goals.

Related: Qatar Investment Holding Group’s capital grows post reverse acquisition