The Qatar Foundation for Education, Science and Community Development said Sunday it is to build a fully digitalised medical care and research centre with an endowment fund of eight billion dollars.
"Capital costs for the 350-bed hospital will amount to some 900 million US dollars, in addition to the establishment of the eight-billion-dollar endowment - the largest cash endowment of a hospital and research centre anywhere in the world," it said in a statement.
The new centre, due to be completed in four years, "will serve as the primary teaching hospital of the Weill Cornell Medical College-Qatar, a branch of the renowned New York medical school which is already training future doctors and researchers at Education City," on the edge of Doha, it added.
The hospital, provisionally dubbed the Speciality Teaching Hospital, will be built in "Education City", which was opened last year in a major step in the Gulf state's drive to become a regional academic hub.