Attention, private sector platerts: The private sector has the chance to invest in the healthcare, tourism, education sectors through public-private partnerships (PPP), General Authority for Freezones (Gafi) head Hossam Heiba told Hapi Journal.
What’s on the table? Heiba pointed to 30 potential PPPs in the healthcare sector and 16 in the education sector. He also mentioned that there is a large number of land plots available for PPPs in the tourism sector.
#1- Healthcare: PPPs in the healthcare sector include the chance to set up an integrated medical city, 20 projects in exchange for exemption from the fees for usufruct rights, and the chance to develop and operate nine existing hospitals.
#2- Education: The government plans to carry out the expansion of 16 universities in partnership with private sector players.
#3- Tourism: Partnerships in the tourism sector include three projects in Sharm El Sheikh — a medical tourism resort, a cultural and commercial entertainment center, and a sports academy. The government is looking for a private player to set up a hotel, chalets, and recreational activities in Wadi El Natrun. The state will also offer seven plots in Sinai’s Dahab for hotels under usufruct agreements and another three plots in Ras Sidr for the development of compounds and hotels, along with 11 plots in El Tor, another six in Fayoum, and some in Aswan.
More investment offerings are also in the pipeline: The Industrial Development Authority and Gafi will offer new industrial plots every three months, with local investors being the primary target for these plots.