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AAR in Sh10b expansion plan

BUSINESS
By Kamau Maichuhie | Apr 20th 2015 | 2 min read
By Kamau Maichuhie | April 20th 2015
BUSINESS

AAR Healthcare will spend Sh10 billion in an expansion programme in the next three years. This is as the provider positions itself to become a market leader in healthcare in the region. AAR Group Chairman Frank Njenga said the expansion is in line with the company's mission to become a powerhouse in healthcare provision in the region.

He said key on top of the expansion agenda will be the construction of a 100-bed capacity hospital in Nairobi, whose construction is expected to commence by the end of this year. The group will also open health centres locally and regionally.

He however refused to disclose the location of the upcoming hospital and the identity of the partners expected to inject cash towards the construction of the hospital.

"Our ambitious expansion programme will go a long way in ensuring we provide quality and affordable healthcare to Kenyans," Dr Njenga said in Thika town, during the official opening AAR Thika Health Centre over the weekend.

 "We will both borrow and put in our own resources as well as equity from our partners to fund our upcoming projects, many of which are at advanced stages," he said.

The group, which has presence in Uganda and Tanzania, plans to venture into Rwanda and Burundi. Two more health centres will also be opened in Arusha.

"We are seeking to have presence in the entire East African region in the next one year as we move to consolidate our presence in the region," he said.

AAR Healthcare General Manager Charles Kariuki noted they will be opening new clinics in Ruaka, Kitengela, Ngong and Nyali this year, bringing the number of clinics in the country to 19, from the current 15.

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