{"id":620058,"date":"2024-05-15T00:00:00","date_gmt":"2024-05-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/15\/golden-licenses-and-other-incentives-on-offer-in-new-government-healthcare-investment-initiative\/"},"modified":"2024-05-15T00:00:00","modified_gmt":"2024-05-15T00:00:00","slug":"golden-licenses-and-other-incentives-on-offer-in-new-government-healthcare-investment-initiative","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/15\/golden-licenses-and-other-incentives-on-offer-in-new-government-healthcare-investment-initiative\/","title":{"rendered":"Golden licenses and other incentives on offer in new government healthcare investment initiative"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>New incentives for healthcare investors:<\/strong> Health Ministry together with the General Authority for Freezones and Investment have come up with a list of incentives to encourage investors to invest in healthcare projects across the country, <a target=\"_blank\" href=\"https:\/\/almalnews.com\/premium\/%d8%a7%d9%84%d9%85%d8%a7%d9%84-%d8%aa%d9%86%d9%81%d8%b1%d8%af-%d8%a8%d9%86%d8%b4%d8%b1-%d8%ad%d8%b2%d9%85%d8%a9-%d8%a7%d9%84%d8%ad%d9%88%d8%a7%d9%81%d8%b2-%d8%a7%d9%84%d8%a7%d8%b3%d8%aa\/\" style=\"\" rel=\"noopener\">Al Mal<\/a> reports. Proposed projects are rated against a 12-point criteria and given a score out of 100 that determines what incentives investors can gain access to.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The kind of projects the government is looking to encourage: <\/strong>The bigger the better when it comes to capacity, with the number of beds contributing up to 25 out of the 100 points that projects are judged upon. The location of the project is judged as an important factor in deciding what incentives are made available, with projects planned for areas that are most in need of healthcare facilities able to bring in 15 points. Also each bringing in up to 15 points is the prevalence of FX in funding the project and how long the projects will take to get off the ground. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The projects will also be judged on: <\/strong>The project\u2019s focus on research, amount of jobs it will create, number of beds offered for no charge, medical specialisms, proliferation of technological expertise, use of renewable energy, training offered, and corporate social responsibility also contribute with smaller weights to the project\u2019s overall rating.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The incentives on offer and for who:<\/strong><\/p>\n<ul>\n<li><strong>Healthcare projects scoring between 85-100 <\/strong>will be able to receive a golden license, ten years of being exempt from usufruct fees, and the state covering half of training costs, among other incentives;<\/li>\n<li><strong>Projects scoring 75-85 <\/strong>will get the same incentives, but the state will only fund 30% of training costs and get a five-year exemption from land use fees;<\/li>\n<li><strong>Projects in the 65-75 range <\/strong>will still receive a golden license and other incentives, but the state will only cover 15% of training costs and offer a three-year exemption from land use fees;<\/li>\n<li><strong>While for projects racking up between 50-65 points<\/strong>, investors will get the same package but with a commitment from the state to fund 5% of training costs and offer a two-year exemption from land use fees.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The state will cover half of the training costs of some projects<\/p>\n","protected":false},"author":1,"featured_media":620059,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7410],"tags":[72,461,2917,259,7115,125],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-620058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-healthcare","tag-enterpriseam","tag-gafi","tag-golden-licenses","tag-health-ministry","tag-healthcare","tag-investment-watch","wpautop","entry"],"acf":{"mongo_id":"a6dac040-7814-4a25-9705-92e40a70ccb2","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/1061.jpg","photo_position":"above","homepage_title":"Golden licenses on offer in government healthcare investment initiative","full_issue_title":"Golden licenses and other incentives on offer in new government healthcare investment initiative","related_issue":[620053],"teaser":"The state will cover half of the training costs of some projects","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.aefd7fc8-5734-4687-a19a-167cb36a4a3a.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Golden licenses and other incentives on offer in new government healthcare investment initiative - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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meeting, where ministers widened the scope of industrial and automotive investment incentives and approved the first land sale in foreign currency to an unnamed Gulf investor.Companies applying for the government\u2019s golden license for industry will no longer need to\u2026","rel":"","context":"In &quot;Cabinet watch&quot;","block_context":{"text":"Cabinet watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/cabinet-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/156.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":685437,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/23\/egypt-moves-to-offer-up-62-hospital-investment-projects-to-private-sector-in-major-healthcare-overhaul\/","url_meta":{"origin":620058,"position":1},"title":"Egypt moves to offer up 62 hospital investment projects to private sector in major healthcare overhaul","author":"enterpriseam admin","date":"23 February 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annual summer recess. Amendments to the Investment Act that aim to extend incentives to\u00a0existing projects got a final nod at the House general assembly\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/662.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":608675,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/24\/tax-incentives-and-policy-stability-will-be-hallmarks-of-finmins-upcoming-tax-policy-framework\/","url_meta":{"origin":620058,"position":3},"title":"Tax incentives and policy stability will be hallmarks of FinMin\u2019s upcoming tax policy framework","author":"enterpriseam admin","date":"24 October 2023","format":false,"excerpt":"The document outlines the Finance Ministry\u2019s plans for tax reform to encourage FDI and reassure investors","rel":"","context":"In &quot;Tax&quot;","block_context":{"text":"Tax","link":"https:\/\/enterpriseam.com\/egypt\/category\/tax\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1174.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":605206,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/24\/govt-considering-tax-breaks-and-incentives-for-sinai-investors\/","url_meta":{"origin":620058,"position":4},"title":"Gov\u2019t considering tax breaks and incentives for Sinai investors","author":"enterpriseam admin","date":"24 December 2018","format":false,"excerpt":"The government is looking into potential incentives for investors in the Sinai Peninsula, including offering tax and customs exemptions for a limited period of time and offering land in North Sinai under a usufruct framework, Prime Minister Moustafa Madbouly said yesterday, according to Amwal El Ghad. The measures are meant\u2026","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":686592,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/22\/govt-goes-all-in-on-healthcare-expansion-with-new-incentives\/","url_meta":{"origin":620058,"position":5},"title":"Gov\u2019t goes all in on healthcare expansion with new incentives","author":"enterpriseam admin","date":"22 February 2026","format":false,"excerpt":"Good afternoon, friends, and welcome to the start of another workweek. We hope you had your fair share of rest this weekend, seeing as we have a packed issue for you. Today, we dive into Egypt\u2019s fertilizer industry, check out what is arguably Ramadan\u2019s best series thus far, and explore\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1556.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/620058","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=620058"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/620058\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/620053"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/620059"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=620058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=620058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=620058"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=620058"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=620058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}