Government: One billion pounds of Saudi investments in two hospitals in New Cairo and 6 October
Meeting of Dr. Hazem Zaqouk with Egyptian Prime Minister Mostafa Madbouly
Dr. Mostafa Madbouly, Prime Minister, met with Dr. Hazem Darwish Zaqzouq, Chairman of Andalusia Group for Medical Services, a member of the Egyptian-Saudi Business Council, which owns several investments in Saudi Arabia and Egypt. SLM_4094 During the meeting, Dr. Hazem Darwish Zaqzouq expressed the group's pride in its investments in Egypt, where it has a number of hospitals, including Andalusia El Shallalat Hospital in Alexandria, since 1989, Andalusia Maadi Hospital (2009), Andalusia Smouha Hospital in Alexandria (2012), and Andalusia Antoniadis Clinics Complex in Alexandria (2018), noting that the group decided to expand its investments in Egypt through several projects, where the procedures for purchasing two plots of land from the New Urban Communities Authority, to establish two hospitals, are currently taking place, the first in 6 October City (15,000 square meters), with a capacity of 250 beds, and includes all Specialties, and the second in New Cairo (20 thousand square meters), and the investment cost of building the two hospitals is about one billion pounds, in addition to the expansion of Maadi Hospital. SLM_4103 He explained that the group owns a number of health institutions, which provide medical services in various specialties, in Jeddah, Saudi Arabia. The Chairman of Andalusia Medical Services Group praised the investment climate in Egypt, the facilitation of procedures, and the state's efforts to attract investors. SLM_4113 For his part, Dr. Mostafa Madbouly affirmed the government's readiness to support investments in various sectors, and to provide the required facilities to investors, whether to expand their existing investments, or to pump new investments, noting that the state has started experimental operation of the comprehensive health insurance system, with the aim of providing a distinguished health service to citizens. And public and private hospitals participate in providing the service, and therefore the presence of a large institution that owns a number of hospitals with new investments in the health sector is an important matter, as we need to increase hospitals that provide distinguished health services to citizens.