HEALTHCARE-

Health Ministry discusses establishing medical city project with Chinese state-owned construction giant: China State Construction Engineering Corporation — the largest construction company in the world — along with engineering consultancy Income Egypt discussed the establishment of a medical city off the Ain Sokhna Road, near the new capital, with Health Minister Khaled Abdel Ghaffar, according to a statement from the ministry.

The details: The plan is for the project to house 18 specialized clinics with a total capacity of more than 4.2k beds, in addition to research centers, central laboratories, a blood bank, and other services. Establishing a residential area to house staff and a hotel to cater to medical tourism is also part of the plan.

ICYMI: Egypt has been trying to position itself as a medical tourism hub to attract FDI and to open fresh FX revenue streams from patients from Africa, the Middle East, and Europe coming here for treatment on the back of our talented and well-trained medical staff and the competitive price point Egyptian hospitals can offer.