An investment agreement signing ceremony between International Finance Corporation (IFC) and Alliance Healthcare Private Limited (AHL) took place on November, 22nd at Northwest Teaching Hospital to further enhance healthcare standards within Khyber Pakhtunkhwa. The agreement signed between the two parties established that an investment of Rs. 2 billion will go into AHL’s equity financing and fund AHL’s expansion, healthcare provision, and education projects.
Dr. Tariq Khan Hashim, Chairman of AHL welcomed the guests and shed light on the significant contribution of AHL to the healthcare sector. Mr. Taimur Saleem Khan Jhagra, Provincial Minister of Health and Finance graced the ceremony as Chief Guest and shed light on the critical role played by the private sector within the healthcare industry. Mr. Zeeshan Sheikh, Country Manager, IFC Pakistan also attended the ceremony along with Mr. Ashruf Megahed, Regional Industry Head, MCT Region, IFC who headed the IFC delegation.
The ceremony was also attended by senior government officials, students and doctors of the Northwest hospital, and stakeholders of the company.