Egyptian Housing Minister Assem al-Gazzar on Saturday laid the cornerstone of the largest privately owned integrated medical city in the Middle East and Africa – Capital Med in Badr City.
Gazzar pointed out that this project is one of the megaprojects of the city of Badr, which has been positively affected in the recent period due to the development of the new administrative capital.
The minister explained that since huge investments were spent in the new administrative capital, this influenced the volume of growth in the cities of eastern Cairo.
“We are working to make the most of the positive impact of these investments on the new cities, located east of Cairo, by reaping the benefits in a concern for functional integration between the new administrative capital and the new cities that surround him, said Gazzar.
The project is owned by Egypts for Health Care Services Two (EHCS) and is expected to be built on 110 acres. The construction of the entire project will be completed in seven to ten years in three phases, and would guarantee 10,000 to 13,000 job opportunities.
EHCS President Hassan al-Kalla said Capital Med is an international medical city in its own right, offering the world’s best in healthcare to international standards. He added that Capital Med is a world-class medical city with over 2,000 beds, and is the most suitable platform for medical education, training and research for all medical and medical specialties.
The project will be established with investments of around LE18 billion. The medical center will include an ultramodern general hospital with 350 beds, a place of clinics, a hotel and 11 specialized centers of medical excellence.
Edited translation of Al-Masry Al-Youm