Establishment and Management of a Health Facility in New Cairo

Project Description

The facility aims to provide quality healthcare services with a capacity of 200 beds, with a modern design consisting of a ground floor and four above.

This is one of the pivotal areas in the heart of New Cairo with a high population density, and an area with high purchasing power. The location is suitable for establishing a comprehensive hospital that offers high-quality and integrated services.

The partnership enjoys a comprehensive package of facilities and investment incentives. Revenue sources can be diversified by providing various complementary services such as specialized radiology centers, laboratories, pharmacies, and support services.

Terms and Controls Governing the Opportunity:

  • In accordance with Law No. 78 of 2024 and its executive regulations.
  • Commitment to providing health services in accordance with the provisions of laws and decisions applicable to health facilities, as well as those regulating the provision of complementary services.
  • The concessionaire must possess the necessary experience to operate the healthcare facility.
  • The concession period shall not be less than three years and not exceed 15 years, renewable for a similar period.
  • Maintaining the healthcare facilities, including the necessary equipment and medical devices for their operation, and keeping them fit for use throughout the concession period.
  • Providing a percentage of the total healthcare services at the facility to beneficiaries of state-funded treatment services or health insurance or the comprehensive health insurance system, as applicable, at the same prices determined by the state for providing such services.
  • Commitment to continue employing at least 25% of the healthcare facility’s employees, if they agree, while ensuring the preservation of their financial and functional rights.
  • All healthcare facilities shall revert to the state at the end of the concession period without charge and in good condition. Where the concession terms allow the concessionaire to lease them from others, the reversion to the state is limited to the necessary equipment and medical devices for their operation within those facilities.

Project Location:

Plot of land in the Banfsaj Services Area, First Settlement, New Cairo City

Lead Agency/ Project Promoter:

Ministry of Health and Population

Contact

Ministry of Health and Population
Physical Address: 3 Council of the People St, Cairo
Tel.: +2(02) 27951821

Current Status/ Stage of Project:

Available lLand area: 16,128m2

Actions Required/ Implementation Arrangements/ Contract Type:

Land allocation method: Public Privation Partnership

Required Licences:

  • Building permit (New Urban Communities Authority)
  • Licence for handling hazardous medical waste (Ministry of Environment)
  • Licence from the Central Administration for Non-Governmental Therapeutic Institutions and Licenses (Ministry of Health and Population)
  • Approval of engineering drawings submitted for medical facilities from the Central Administration for Non-Governmental Therapeutic Institutions and Licenses and the Projects Department at the Ministry of Health

Documents Required from the Investor:

  • Recent commercial register extract for the company applying for the partnership
  • Tax card and photocopy of it
  • Investment newspaper/gazette
  • Company’s articles of incorporation
  • Financial statements for the last two years
  • Company’s track record concerning healthcare sector activities
  • Proof of financial solvency to implement the project
  • Preliminary feasibility study for the project (if any)
  • Preliminary engineering plans (if any)
  • For individuals, a copy of the personal ID/CV/experience certificates and qualifications should be added.

Remarks:

For more information: https://www.investinegypt.gov.eg/English/Pages/exploreMap.aspx?oppId=24603

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Country

Egypt

Location (s)

New Cairo

Sector

Services

Sub Sector

Healthcare

Investment Value Range

Not Available

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