Shifa to open up a second hospital in Faisalabad

Shifa International Hospitals Ltd has begun full-fledged operations at its newest hospital in Faisalabad, expanding one of Pakistan’s few publicly listed healthcare services companies into a second major facility in the country’s third-largest city.

In a notice sent to the Pakistan Stock Exchange on June 15, Shifa said that Shifa National Hospital Faisalabad (Pvt) Ltd, a subsidiary of the listed company, had commenced full-fledged operations at its hospital on Sheikhupura Road, Faisalabad. The company said the facility had become operational under Phase I of the project, adding that it would keep the stock exchange informed of material developments, including the commissioning and commencement of future phases.