Venture Capital Bank has completed the schematic design of the Royal Maternity Hospital. The Royal Maternity Hospital, which is designed to British Standards and will be located in a strategic and exclusive location in the Southern Governorate of Bahrain, will provide world-class basic and advanced healthcare services for women and children.

The architectural, engineering, medical equipment consultancy and project management for the project has been awarded to AECOM, with the front and architecture design developed by the Irish architectural firm Scott Tallon Walker. It is planned to award the construction contact to the main contractor in December 2011 and to commence the construction in January 2012.

The Hospital is expected to bring about a qualitative leap in the standards of healthcare provision in Bahrain through developing a center of medical excellence that will offer women-world class medical services an exclusive luxuries environment designed to the highest quality. The initial focus of the Royal Maternity Hospital will be the provision of comprehensive maternity services, extending to pre-natal and post-natal care, in addition to gynecology.

The Royal Maternity Hospital will be staffed with the top quality medical professionals and supports and will be operated in accordance with the best practices prevalent in top United Kingdom based healthcare facilities.

Commenting on the occasion, VC Bank Board Member & CEO, Mr. Abdullatif Mohammed Janahi said: "VC Bank has attached special importance to the health sector in Kingdom of Bahrain. The bank has fully realized through a feasibility study of specialized projects the urgent need in Bahrain for large hospitals equipped with latest equipment to provide premium medical services in compliance with international standards of highest quality. Based on this need, the idea has emerged to establish a specialized hospital capable of providing world-class medical services and required healthcare for women and children. The Venture Capital & Business Development team is managing this ambitious project."

"This project follows the establishment of the German Orthopedic Hospital in Bahrain which is specialized in orthopedics surgery. This unique project also serves as a complementary part of a Venture Capital Bank plan, which aims to establish a series of medical centers of excellence in various medical specializations and branches in the Kingdom to make Bahrain and Gulf region a prominent medical hub. We seek to carry out more specialized projects in future which aim at providing high quality medical services in Bahrain," Mr. Janahi added.

Venture Capital & Business Development division Executive Director, Mr. Saeed Haji said: "We have completed this initial phase of design and have embarked on the detailed design stage. We look forward, through this ambitious worthwhile project, to create a medical facility of the highest standard that provides women in Bahrain and the Gulf region with the healthcare of quality that exceeds expectations and which is in line with the best available internationally".

For more information please contact

May Marzooq
Corporate Communications
Tel: +973 17 518872
Fax: +973 17 518880
Email: Marzooq@vc-bank.com

Or
Fatima Rashid
Corporate Communications & Marketing
Tel: +973 17 518 859
Fax: +973 17 518 880
Email: frashid@vc-bank.com