Pentamed Ltd is planning to build a EGP 2 bn fully-integrated hospital in Shorouk City as part of its expansion plans in Egypt’s health care sector, the company’s Financial Manager Mohamed Abdelati said, Al Mal reports. The company had earlier purchased a three-acre land plot for EGP 75 mn and an unnamed French company will be handling the hospital’s designs.
More from Enterprise
Four foreign funds line up USD 256 mn for Banque du Caire
London’s Redwheel is among the backers, nearly two weeks after…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
FRA and EGX eye law change to let LLCs and partnerships set up investment funds
Regulators want to keep Egyptian money from setting up funds…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…