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PM: Health sector investment plans with partnership mechanisms

فريق رجال الأعمال news 10 June 2025 06:08 PM
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PM: Health sector investment plans with partnership mechanisms

Prime Minister Dr. Moustafa Madbouly convened a meeting today, Tuesday, to discuss the ten-year investment plan for Egypt's health sector. The meeting, crucial for aligning with President Abdel Fattah El-Sisi's national investment strategy, was attended by Dr. Khaled Abdel Ghaffar, Deputy Prime Minister for Human Development and Minister of Health and Population, and Engineer Hassan El-Khatib, Minister of Investment and Foreign Trade, alongside other officials.

Madbouly underscored the health sector's strategic importance, particularly in medical tourism, highlighting it as a promising area for growth. He reiterated the government's steadfast commitment to supporting the sector, recognizing it as a vital investment in the nation's future.

Dr. Khaled Abdel Ghaffar, Minister of Health and Population, outlined a new investment plan focused on developing healthcare infrastructure through new facilities and upgraded medical centers. The plan also prioritizes completing the Universal Health Insurance system, aiming to improve healthcare quality and prepare the sector for future needs.

The Minister also detailed the Ministry's efforts to boost private sector investment in healthcare. He highlighted a new legal framework designed to balance public and private sector roles in health service provision. This framework opens investment opportunities, enforces international quality standards, and provides investors with essential information on healthcare investment trends and opportunities. Additionally, he discussed the goals of the National Project for Coding and Licensing Private Medical Facilities and the collaborative efforts between the Ministry of Health and other relevant ministries and authorities.

Dr. Abdel Ghaffar highlighted over 75 investment opportunities in Egypt's healthcare sector. These include medical facilities, specialized medical services, medical and diagnostic technology, digital healthcare and smart transformation, localization of the pharmaceutical industry, and new health services such as home healthcare. In total, there are more than 75 investment opportunities.

Regarding investment opportunities in medical facilities, he noted that they include 63 opportunities in areas such as: developing and operating existing hospitals, operating modern hospitals currently being built and equipped by the state, acquiring land with facilities and incentive packages for building new hospitals, and asset management opportunities.

The Minister of Health detailed opportunities in managing, operating, and developing healthcare facilities, identifying 41 facilities across 14 governorates. This is in addition to new investment opportunities for establishing, operating, and managing healthcare facilities. He also noted that 21 plots of land in new urban cities have been allocated to the Ministry of Health and Population for building investment hospitals in partnership with the private sector.

Abdel Ghaffar highlighted 3 investment opportunities in specialized medical services. Additionally, there are 6 investment opportunities in medical and diagnostic technology, focusing on localizing X-ray equipment production in Egypt.

He also emphasized investment opportunities in digital healthcare and smart transformation. He presented a proposal for a comprehensive digital transformation of Egyptian healthcare, in partnership with the private sector. This initiative includes a unified hospital information management system and AI-driven infrastructure and software. The project is anticipated to be completed within 3 to 5 years, resulting in a fully integrated system across all governorates.

During the meeting, the Minister of Health reviewed investment opportunities in localizing the pharmaceutical industry, detailing current local drug production and future targets. Dr. Khaled Abdel Ghaffar also highlighted the new "Salamtak" home healthcare application. This initiative addresses the fact that 40% of hospital admissions don't require inpatient care. Salamtak aims to provide high-quality, accessible home healthcare nationwide via a smart, integrated platform. This will reduce hospital burden, improve healthcare quality, support elderly care, and focus on prevention, early intervention, and continuous home follow-up. It also offers a modern digital work environment, professional development, and seeks to enhance governmental health services while decreasing reliance on overseas treatment.

He estimated annual investment opportunities of EGP 27 billion in home healthcare, based on a market size of up to 13 million home visits per year.

Dr. Abdel Ghaffar also discussed the "Sehet Misr" (Egypt's Health) project, which involves establishing a company for managing and operating healthcare facilities. This initiative aims to regulate private sector healthcare services by creating state-owned facilities that offer affordable, high-quality care comparable to the private sector. He also presented a feasibility study for a 200-bed hospital project, detailing its opportunities.

Minister of Investment Engineer Hassan El-Khatib affirmed the ministry's clear vision and ongoing work aligned with its parameters, noting that working teams in both ministries are already operating within these guidelines. He stated, "We are also working to crystallize available investment opportunities, which will contribute to achieving the state's targets, whether in terms of increasing the number of hospital beds or developing and enhancing the efficiency of other healthcare services."

El-Khatib added, "Integrated investment opportunities for the next ten years will be prepared and offered to investors, coupled with the Golden License. These opportunities will also be made available on the investment map, with cooperation from investment banks. All necessary data for investors will be provided, and standardized contracts will be ready for these opportunities."

At the meeting's close, the Prime Minister directed the swift preparation of these opportunities for presentation to the private sector. He stressed that they must include the Golden License, feature clear private sector partnership mechanisms, and utilize standardized contracts.