Oma's Medical City (IMC) is expected to be developed under a public private partnership (PPP) according to sources. The Ministry of Health and the state-owned Oman Investment Fund (OIF) have already selected Carillion Alawi as a strategic partner to carry out the project.

This project will support the concept of a planned PPP law that once completed will enhance PPP projects development in OMAN. 

OIF will fund the project by a US$780 million package of equity and debt. UK Export Finance is also expected to help financing the project.

The project will run under a 15 and 30 years concession contract.

The Medical City project involves the development of four healthcare complexes with a total capacity of 1250 beds, several educational institutions and commercial areas including private hospital, specialist clinics and residential areas, with over 10,000 staff.