Business
Healthcare Investment Opportunities forum to discuss guidelines of Certificate of Needs for investors, organized by the Dubai Health Authority
The Dubai Health Authority (DHA), in a joint effort with Dubai FDI, the investment development agency of Dubai Economy, is set to sort out a discussion featuring key investments opportunities in healthcare under the theme Healthcare Investment Opportunities, as part of Dubai FDIs partnership with leading government entities, free zones and investment promotion partners in Dubai to hold Spotlight on Investment Opportunities forums on the sidelines of Dubai Investment Week 2019.
The forum that will be held on the 1stof October at Waldorf Astoria, DIFC, will talk about the Certificate of Needs, guidelines to healthcare investors.
By sorting out the forum, DHA underlines its keenness towards upgrading investments in the healthcare sector and its transition to set up balance in the supply and demand of healthcare services.
The event is timely amid the growing demand for healthcare services because of the growing population, notwithstanding the developing fascination of the Middle Easts healthcare sector to investors around the world.
Remarking on this, H.E. Humaid Mohammed Al Qutami, Director General of the Dubai Health Authority said that the Dubai keeps on offering promising investment opportunities, while continuously working to provide the best simplified services and procedures. He included that the Dubai Health Authority, with the unlimited support of the government, is working to explore all the possibilities that can encourage investments and attract major international and multinational health companies to Dubai.
Al Qutami noticed that that the healthcare sector in the emirate has seen immense improvement over the past decade, and included that Dubai Investment Week 2019 is a timely event to examine the Certificate of Needs guidelines among investors, in accordance with DHAs commitment to support a positive investment ecosystem in the emirate.
H.E. further clarified that DHA has set up a specialized department in its new hierarchical structure, the Investment and Public Private Partnership Department, which is tasked to facilitate and manage the investment process and investor services, enable sustainable public-private models in Dubai, and provide them with a clear future outlook on the demand for medical services in Dubai and key opportunities.
Al Qutami stressed: The Authority's endeavors in this field have satisfied, in line with the vision of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council last year, to implement several important health policies. One of these is the Dubai Health Investment Policy designed last year to stimulate and develop the healthcare sector and unify joint efforts to attract investments.
He noted that the Authority has propelled the Dubai Health Investment Guide, notwithstanding a reasonable speculation procedure and a program of activity to fortify aggressiveness and encouragelocal and outside investments in medicinal services. A package of investment opportunities has already been recognized and made accessible for the next five years, following a study which affirms the strong prospects for investments in a wide scope of medical specialties.
These claims to fame include innovations in essential care, ambulatory care, emergency clinics, diagnostic health, home care, chronic disease management, special care for diabetes, heart disease, oncology, long-term and extended care, rehabilitation, physiotherapy, mental health. It additionally incorporates other advanced areas such as prevention, precision medicine and genetics, and population health.
DHA is currently drafting the Certificate of Needs guidelines to provide healthcare investors with a set of needs-based investing parameters, thereby regulating healthcare facility costs and pave way for a more coordinated planning of new services and investments in health infrastructure in Dubai. The methodology intends to improve balance in organic market in wellbeing administrations while giving patients access to a more extensive scope of medicinal fortes.
Fahad Al Gergawi, CEO of Dubai FDI stated, Dubai FDI proceeds its partnership with several partners from leading government entities, free zones and investment promotion partners to develop the emirates investment environment while also creating new investment opportunities. Dubai stays committed in assuming a main role in the advancement of the territorial healthcare sectorestablishing a strong and integrated system in this area that falls in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to build the city of the future.
We welcome the partnership with DHA, which will demonstrate to be a critical factor in our endeavors to create smart investment systems for the healthcare sector. Furthermore, we urge DHA to use Dubai Investment Week as a strategic platform to help increase awareness about the investment opportunities offered by this sector, concluded Al Gergawi.