sector in the Gulf
A Saudi investor in the health sector called the "Jeddah Economic Forum" 2014 in its 14th edition under the title "Development through Youth", which will start its activities this evening, under the patronage of Prince Mishaal bin Abdullah bin Abdulaziz, Governor of Makkah Al-Mukarramah Region, with the presence and participation of an estimated 3 Thousands of economists, investment and business men, economic analysts, and personalities who had a footprint in transforming their youth into productive work energies by focusing on human development, to the importance of implementing the forum''s slogan "Development through Young Men and Women."
The consultant in plastic medicine and surgery and holder of the King Abdulaziz Medal for his participation in the successful operation of separating twins Safa and Marwa Siamese, Dr. Muhammad Abdulmanan Khan, noted the need to include investment in the health sector in the agenda of the forum, and to allocate one of its sessions to talk about investment in establishing medical cities And treatment and building advanced centers to build human health of young men and women, which is reflected in raising the efficiency of their performance in work and production, and to bring the economy to its advanced stages, as happened in many countries such as Japan, Malaysia and India.
Dr. Khan pointed out that it is estimated that by the year 2020 the population of Saudi Arabia will reach more than 37 million people, most of whom are young men and women who have received higher education and training in various disciplines, useful for the existence of global Saudi health centers by opening the doors for investment in the health sector and implanting A culture of health is the basis of life, strength of the future, and the well-being and prosperity of societies.
Dr. Khan stressed that economics in modern concepts is linked to basic axes for its growth and prosperity, and that it depends on future generations who will be the center of power in light of the revolution of medical discoveries that protect people from damages to their efficiency and ability if the health aspect of the economic work system is neglected, indicating The strongest global companies are the ones that put them in their plans to maintain public health within their economic system.
Dr. Muhammad Abdul Manan Khan criticized the Economic Forum''s neglect of investing in the health sector, which is the most wasteful sector for the state’s budget due to the absence of medical centers primarily aimed at following up the human life stages in order for his production rate to rise until an advanced age without a setback in the presence of distinguished expertise from the cadres. Most productive, hardworking and performing.
He stressed the importance of localizing health services technology to meet expectations of growth and increase in the population that are accompanied by an increase in the number of sick and injured, and thus an increase in the need for more quality health service, and instill a culture of awareness among community members to prevent diseases before they occur, and thus affect society, its performance and its economy.
The doctor and the investor in the health sector, who is attending the 2014 Jeddah Economic Forum, indicated that the governments of Gulf countries, including the Kingdom of Saudi Arabia, are moving towards promoting investment in health care services, to help the sector rise to international standards, as he witnessed the volume of spending on the care sector. "We expect this growth to continue in the future with the increase in the spread of lifestyle-related diseases and the more governments of the Gulf states to implement compulsory medical insurance policies," he said.
He added that with the launch of programs such as compulsory insurance, reliance on the private healthcare sector is increasing, and prominent health facilities are focusing on expanding rapidly to enhance their ability to meet their growing markets.
Dr. Muhammad Abdulmanan Khan said that economic studies indicate that the Gulf region is witnessing a steady growth in the volume of investment in the health sector, reaching $ 60 billion over the next decade, in addition to the fact that the healthy real estate sector in the Middle East and North Africa is witnessing an influx of more investments. Especially from the UAE and Saudi Arabia, which would contribute to a qualitative leap in the health sector regionally, as Dubai recently witnessed the launch of the largest private hospital in the Middle East and North Africa, with a value of $ 115 million, supervised by the IHCC Company. (IHCC) is one of the leading companies in the region in providing integrated building solutions specializing in the construction of health and educational facilities and multi-use projects.
He pointed out that the growth of "the healthy real estate sector in the region, and the influx of huge investments from various countries of the world through adopting best practices that conform to international standards, and allocating a session from the forum''s work that discusses integrated and specialized building solutions in the field of health facilities construction and multi-use projects." In the context of meeting the aspirations and aspirations of the countries of the Gulf Cooperation Council and the Middle East and North Africa region.
Dr. Khan revealed the need for Saudi Arabia to pump investments in the health sector in Saudi Arabia, worth 12 billion riyals, to establish new hospitals to meet the demand and the acute shortage in hospital beds, in addition to doubling the volume of investment in this important vital sector in Saudi Arabia during the coming years, especially with the trend The country aims to implement the health insurance system on residents, and then citizens, and to enter foreign investors at a high level of distinguished medical service.
The Saudi investor in the health sector demanded that this year the forum recommend the inclusion of investment in the health field for a more healthy economy as one of the most important topics in the Jeddah Economic Forum next year 2015, developing the forum to come out with positive recommendations that serve the economies of society in its holistic form, especially as the state About a quarter of the budget was allocated to the health sector, at $ 28.8 billion.
He stressed the importance of employing these sums more towards the direction of localizing health service technology, and that the issue of localizing technology related to this sector is more necessary today than ever before, indicating that private investment in this field saves the state many funds spent for treatment abroad.
