3/13/2009

USD 650 million to be invested into ten new hospitals

Dunya – Within this month, Universal Hospitals Group will commission ten new hospitals at a total investment cost of around USD 650 million. Dr. Azmi Ofluoglu, Chairman of Universal Hospitals Group, said, “We will commission 13 more new hospitals in Turkey by 2010. The cost of this new investment will be around USD 600 million. However, from 2010 onwards, we will consider switching our target destination. We will implement projects in Romania, Macedonia, Bulgaria, Russia and Albania, since these countries are underdeveloped in regard to healthcare services. We are waiting to acquire hospitals in Germany, as well as in the Eastern European countries.”