Latest news with #GKSD
Iraq Business
04-08-2025
- Health
- Iraq Business
Italian Company creates New Hospital in Baghdad
By John Lee. Prime Minister Mohammed Shia Al-Sudani has inaugurated the construction of the Italian Hospital in Baghdad, located on the former site of the "Turkish Restaurant" building, as part of the "Baghdad is More Beautiful" campaign to revitalise abandoned structures for public service. The 103-bed facility will be equipped with modern medical technologies and operated under a joint management model. It includes an intensive care unit with 19 beds and seven private wings. The launch ceremony was attended by the Deputy Speaker of the Italian Senate, the EU representative, and senior Iraqi officials. Al-Sudani praised the efforts of the Ministry of Health, Baghdad Municipality, and the National Investment Commission (NIC), and acknowledged the Italian firm GKSD - which runs 165 medical centres worldwide - as a key partner. GKSD, which is owned by Gruppo San Donato, previously delivered successful models in Najaf and is expected to replicate them in Basra. A related company, Hospital Healthcare Holdings (HHH) is also involved in the project. Key points from the Prime Minister's remarks: The government is focused on completing stalled health projects and initiating new ones, including 16 hospitals with 100-bed capacity across the provinces. Iraq has boosted local pharmaceutical production, increasing coverage to 40% from a previous 10%. The administration is promoting joint hospital operation models with experienced international partners. The goal is to end the costly trend of citizens seeking treatment abroad. Encouragement of local production of medical supplies is a fiscal priority. Investment laws and procedures are being streamlined to attract large healthcare investors. The government is determined to cut bureaucracy and reduce project timelines. The project reflects a broader push to strengthen Iraq's healthcare infrastructure, reduce capital outflow, and attract global expertise to the sector. (Source: PMO)
Al Bawaba
05-05-2025
- Business
- Al Bawaba
GKSD's Kamel Ghribi Reaffirms Commitment to Syria's Reconstruction during Strategic Visit
Kamel Ghribi, the President of GKSD Group, has reaffirmed his company's commitment to supporting ongoing reconstruction efforts in Syria. He stated this during a strategic visit to the Syrian capital, Damascus, earlier this week. During the visit, Mr Ghribi held high-level meetings with senior Syrian government officials, including the President H.E. Ahmed Al Sharaa, to discuss avenues for collaboration in key sectors, including healthcare, energy, infrastructure, and other professional services. "It was an exciting day in Damascus," Ghribi stated after the meetings. Syria boasts a rich 1,000-year history and a hardworking, talented populace. We support the reconstruction as part of rebuilding sovereign wealth, recognising Syria's considerable capacity for excellence.' He further explained that the company's desire to help reflects and aligns with Europe's plan to partner with Syria in fostering a stable, peaceful, and secure environment for the entire region. Private sector involvement will also be crucial to achieving specific objectives within this partnership. 'GKSD, a global player, is expanding and dedicated to supporting emerging nations' institutional and capacity-building needs. We are ready to contribute to this initiative within the framework of the Italian-European partnership," Mr Ghribi added. As a leading European advisory and project development firm, GKSD Holding Group possesses extensive experience and expertise that can be pivotal in rebuilding Syria's essential systems and institutions. The company also offers end-to-end solutions for large-scale infrastructure projects. With proven capabilities in delivering complex initiatives across Europe, the Middle East, and North Africa, GKSD is well-positioned to support Syria's path toward stability, economic revival, and sustainable growth.
