Italian leading hospital group San Donato Group wants to set up a USD 100 mn hospital and an international medicine-focused university, this came during a meeting between representatives from the group and government officials including Prime Minister Moustafa Madbouly.

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About the hospital: The 140-bed hospital will be set up in New Cairo and will be equipped with the latest tech and offer advanced medical services on par with global standards, helping Egypt in its efforts to become a medical tourism destination.

A big investment: The USD 100 mn investment earmarked for the project only covers its first phase, according to the statement. The group also has a plan to double this investment as it expands nationwide.

Where do things stand? The group is currently setting up the company under which the hospital will be launched and is looking into the mechanism for employing the specialists needed.

Remember: 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.

What about the university? The group is also planning to launch an international university that offers healthcare-related programs and specializations. It is currently in talks with the Madbouly government over land allocation for the project — Madbouly suggested the group set up the university in the new capital’s Knowledge City.

To ensure it all goes smoothly: Madbouly directed the health and investment ministers to set up a task force to help out with the technical and legislative aspects of setting up a hospital in efforts to fast-track the project.

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