Expat investor plans to establish Egypt’s first international medical city

Nabil Anas
Nabil Anas

Global Courant

The Viceroy of Cheshire County, UK, and the Chairman of the Board of Directors of the St. George Healthcare groupNasser Fouad announced that he is currently working with a group of investors to establish the first international medical city in Egypt.

The city will include an integrated university of medical sciences, an English medical college, a college of physiotherapy and a college of nursing, with degrees to be awarded directly from the UK for the first time in Egypt.

The project is located on an area of ​​about seventy hectares with very large investments, and will be located in front of the administrative capital on Suez Road.

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Students complete their studies and graduate from a UK university, allowing them to travel and work in the UK, which is fully equivalent to European certificates.

Fouad praised Egypt’s investment climate and said it is able to raise capital in various projects.

Work is also underway to set up an integrated village project for the elderly, as well as an academy for people with special needs, he added.

He praised the efforts of the Egyptian government in infrastructure and national projects, the most important of which is the administrative capital, which is only about ten kilometers away from the International Medical City project.

Fouad referred to various areas of investment in Egypt in education, health, industry, agriculture, trade and real estate, calling on Egyptian businessmen and Egyptian investors abroad to closely examine the investment opportunities in Egypt and its benefits and the incentives offered to be known by the Egyptian government.

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Investing in Egypt has great benefits, he said, due to its young workforce and diversity of investment areas, opportunities and competitive advantages.

Why invest in Egypt?

Fouad recently participated in the campaign “Egyptian Investors Abroad Answer: Why do we invest in Egypt?” launched by the Ministry of Immigration to promote investment in Egypt and communicate with investors outside Egypt.

Immigration Minister Soha Gendy explained that the campaign aims to draw attention to the attractive factors and promising investment opportunities of the Egyptian market, in light of the development process taking place there – including the development of infrastructure to create an attractive climate create for investors.

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The campaign features short videos in which Egyptian experts abroad give a brief presentation and testimony about investing in Egypt, she said.

“We would like to convey the messages of Egyptian investors living abroad, and their experience of investing in Egypt, so that it becomes a living example of the facilities and incentives offered by the Egyptian government, the latest of which is the golden license for investors ”, explains the minister.

Expat investor plans to establish Egypt’s first international medical city

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