Dallah Healthcare Company has awarded a $37m (SAR140m) contract to begin works on the West Expansion project, due to be carried out at Dallah Hospital in Riyadh's Al Nakheel area.
A contract for structural construction has been awarded to Youssef Marroun Contacting Co.
The contract's scope also includes mechanical, electrical, and plumbing (MEP) works.
Up to 150 beds and 30 clinics will be added to the hospital as part of the contract.
Dallah's finances, and an amount received through a Murabaha structure, will fund the project.
Contract completion is scheduled for Q2 2019, Dallah said in a missive issued to the Saudi bourse.