Advanced Technology announced that it has obtained a credit facility amounts to KWD83.6 million ($284 million) from Burgan bank.

The company said, in a bourse filing, it will use the loan to finance Farwaniya hospital's expansion project.

The loan comes as a part of a four-year’s credit facility's program, added the statement.

The total cost of Farwaniya hospital's expansion project is estimated at KWD72.12 million, stated the statement.