Italian Firm Invests US$100M in Egyptian healthcare, education

EGYPT—Italy’s San Donato Hospital Group is making a bold new investment that will make a major contribution to Egypt’s healthcare and education sectors.

The Italian firm announced plans to invest US$100 million in the first phase of a hospital project, with further expansion planned across several governorates.

This significant announcement was made during a meeting between Prime Minister Mostafa Madbouly and Kamel Ghribi, Chairman of GSD and GKSD Holding Group for Investment.

In addition to the hospital, the investment plan includes establishing an international university specializing in medical sciences.

The Italian group has already begun discussions with Egyptian authorities to secure suitable land or to repurpose existing buildings for the new university.

This dual approach aims not only to provide world-class healthcare facilities but also to foster advanced medical education and research in Egypt.

Prime Minister Madbouly welcomed the proposal with enthusiasm, stressing that both healthcare and education are pivotal for Egypt’s long-term development.

He reaffirmed that the government is fully committed to attracting foreign investments in these strategic areas.

Moreover, the Prime Minister proposed that the Knowledge City in the New Administrative Capital would be an ideal location for the university, and he arranged for an official visit to acquaint the Italian delegation with the site.

Minister of Health Khaled Abdel Ghaffar added that the San Donato Hospital Group had been carefully studying the Egyptian market for several years before moving ahead with the project.

The planned 140-bed hospital in New Cairo is designed to feature state-of-the-art medical technologies, ensuring that its services are on par with international standards.

This modern facility is expected to significantly enhance the quality and accessibility of healthcare in the region.

Kamel Ghribi also commended Egypt’s rapid development, particularly the progress seen in the New Administrative Capital, and highlighted the hospital group’s expertise in over 50 medical specialties.

He expressed confidence that Egypt has the potential to evolve into a regional healthcare hub serving both Africa and the Middle East.

With robust government backing and international investment, these projects promise to transform Egypt’s healthcare landscape and stimulate further economic growth.