Alliad commences $160mn phase 2 health infrastructure projects in Côte d’Ivoire

Aliad, a leading healthcare infrastructure company, has recently initiated the second phase of its hospital construction project in Côte d’Ivoire. The ambitious $160 million initiative aims to build 30 modern hospitals to enhance access to essential healthcare services, following the successful completion of the first phase, which saw the delivery of 60 hospitals and 10 schools across the nation. In a recent interview with CNBC Africa, CEO Rashad Sinokrot shed light on the broader implications of Aliad's investment in Africa, particularly in terms of infrastructure and the significant social impact of the company's healthcare and educational projects. Sinokrot highlighted the vast opportunities for growth and development in the healthcare sector in Africa, emphasizing the pivotal role of healthcare and education as primary indicators for the future advancement of economies. With a focus on enhancing healthcare infrastructure in the region, Aliad's phase one project involved the comprehensive design, engineering, construction, procurement, and delivery of 60 hospitals, maternity wards, and clinics distributed across Ivory Coast, providing a holistic end-to-end solution. Sinokrot noted the profound positive outcomes of the initial phase, highlighting the significant advancements in healthcare accessibility, mortality rate reduction, economic stimulation through job creation, and skills development for local communities. Notably, the project contributed to strengthening the local economy by leveraging local labor and subcontractors, while also fostering partnerships with major medical equipment providers like GE to enhance the technical skills of medical professionals in the country. As the successful implementation of phase one paved the way for phase two, Sinokrot emphasized the strategic collaboration between Aliad and the Ivory Coast government in driving the expansion of state-of-the-art healthcare services with the construction of an additional 30 hospitals. The CEO underscored the critical importance of partnerships between private sector entities like Aliad and African governments in fostering sustainable development, emphasizing the need for open communication, mutual benefits, and adherence to budget constraints to ensure project success. Sinokrot expressed optimism about replicating Aliad's successful business model across the continent and highlighted the encouraging appetite for partnerships with other governments and ministries of health in both East and West Africa. The CEO praised the collaboration with the Ivory Coast government ministries, describing it as a tremendous success that has inspired Aliad to pursue similar projects in Ivory Coast and other African nations. The interview concluded on a positive note, with Sinokrot expressing gratitude for the fruitful partnership and affirming Aliad's commitment to driving impactful healthcare and educational projects to fuel African development.