Roha Group to Invest $300mln in Medical Campus Construction in Addis
ADDIS ABABA – Roha Medical Campus Plc, a sister company of the US-based Roha Group, has announced the launch of a $300 million integrated healthcare facility construction in Addis Ababa.
The launch took place in the presence of Prime Minister Abiy Ahmed, Deputy Mayor of Addis Ababa City Adanech Abiebie; and founder of U.S. Roha Group and CEO of Roha Medical Campus Plc., Brooks Washington, on Saturday.
The Roha Medica Campus will span five hospitals containing over 1,100 beds providing advanced medical and surgical specialties, including organ transplant and oncology, using state-of-the-art technology.
The medical campus is expected to provide high-quality and affordable care to well over 100,000 patients annually while its officials say they will reserve 10% beds for the public sector to ensure the facilities are accessible to as many Ethiopians as possible, regardless of income.
“In addition to providing better access to specialized care, it will augment our efforts to retain a substantial amount of foreign currency that is outflowing for medical tourism & facilitate attainment of the city’s and country’s plan of becoming one of the hubs for medical tourism,” health Minister Dr. Lia Tadesse.
The Campus, which is designed to provide a healing atmosphere in a beautiful urban park that will be open to the public, will create over 5,000 jobs, said the investors.
They also added it will feature a medical school, research and innovation hub, and training center with simulation-based learning.
At launch, leading medical professionals from around the world will support and lead critical departments, with the expectation that medical staff should be fully localized within five years.
Construction on Roha Medical Campus is expected to begin soon, with the development of the entire campus occurring over the coming 5 years.
The first hospital will be a 350-bed Advanced Multi-Specialty Hospital, with a full range of surgical and internal medicine specialties, according to the company.
During Saturday’s ceremony, CEO of Roha Medical Campus plc Brook said the private sector can play a major part in enhancing Ethiopia’s health sector by providing high quality and affordable health services for the country.
“We are excited to play a leading role in that effort,” said Brook. “Roha Medical Campus will create an Ethiopian hub for medical tourism, working with Ethiopian Airlines and local hotels to create travel packages specifically for patients.”
The Medical Campus is part of the Roha Health platform launched by Roha Group, a US-based investment company with a strong track record of building businesses in Ethiopia.
The Campus is the fourth company Roha Group will build in Ethiopia, with total investments of over $160 million in the country over the past few years.
Through their initiatives, they have supported the creation of over 7,500 jobs in Ethiopia.
Roha’s Ethiopia portfolio includes Juniper Glass, a $100M+ glass bottle manufacturing facility in Debre Birhan; Ethio Lease, which is Ethiopia’s first private equipment leasing company; and Raxio Data Centre which is building Ethiopia’s first Tier-III, carrier-neutral data center in the ICT Park in Addis Ababa.
