Radix Development contracts with the Saudi Health Concept to manage the medical sector in the Agile project in the New Administrative Capital, Invest-Gate reports.

Radix Development, a real estate development company and one of the Saudi Muwafaq Group companies, has contracted with the Saudi Health Concept company to manage the medical sector with the Agile administrative project at the New Administrative Capital, which is the first agreement of its kind at NAC.

The agreement was signed by Sheikh Abdullah Al-Sabaan, vice chairman of the Saudi Muwaffaq Group, the owner of Radix Development for real estate development, and Sheikh Nayef Al-Samaih, CEO of the Saudi Health Concept Company, a pioneer in the Gulf medical sector.

Al-Sabaan says that the contract with the Saudi Health Concept Company to manage the medical sector with the Agile project comes within the group’s keenness to provide distinguished medical services that are applied for the first time in the New Administrative Capital, in addition the Health Concept Company is a company the pioneer in the management of specialized medical facilities in the Kingdom of Saudi Arabia and the Gulf region.

Al-Sabban explains that the group seeks to provide an integrated real estate product with international specifications that aims to provide an investment return to the target customers through the services and competitive advantages that the company provides with its first project in NAC, which requires that the projects be of international specifications and quality commensurate with this huge project.

Al-Sabban adds that according to the contract with the Saudi Health Concept Company, the company will manage the medical part, starting from the construction of the project, the engineering specifications and the materials used for that type of project, in order to ensure the quality of the project.

The implementation work of Agile will start during the second half of the current year within the timetable, in which the company intends to intensify its work during the coming period, in addition to pumping investments worth 300 million pounds in the construction works during 2021.

Al-Sabban adds that the Saudi Mwafaq Group, which owns Radix Development will supervise the implementation work through one of its advisory branches, and it is planned that the implementation work will be assigned to one of the group’s companies during the next month.

Al-Sabaan adds that the group has an ambitious plan to expand in the Egyptian real estate market during the coming period and to pump more investments to develop new projects, foremost of which is the new administrative capital and the new Alamein, to be in line with the state’s orientations.

For his part, Al-Sumaih expresses his happiness in contracting with the Saudi Muwafaq Group through Radix Development for real estate development in its project in the New Administrative Capital, “and we are targeting more cooperation with the company’s projects in the future,” he says.

It is noteworthy that the Saudi “Medical Health Concept” company, based in Riyadh, represented by the trademark “U”, is a joint-stock company with a capital of 7,750,000 riyals working in the medical field in the construction of medical complexes and pharmacies and seeks to provide the best medical capabilities for the family in the main specialties by providing the best equipment and services. And doctors and nursing.