Executive Director of the General Authority of Free Zones and Investment (GAFI) Hossam Heiba inked with Board Chairman of Maxim Investment Group Mohamed Karrar the contract of establishing the first medical and health resort in Egypt in the investment zone in el Saf district in Giza.
According to the contract, the company will develop, manage and operate the investment zone, which is affiliated to GAFI in el Saf, and transfer it to the first medical and health resort which will merge healthcare services in one place.
In a GAFI statement on Tuesday, Heiba said that GAFI developed the investment zone in el Saf district in Giza on an area of 40 feddans with the cost of LE1.5 billion to provide more than 4500 job opportunities after operation, pointing out that the project aims at using the zone to become an attraction point to the medical, touristic, services and commercial activities to have big development impacts on the Egyptian economy.
The project is a successful example of partnership between the government and the private sector, Heiba said.
Meanwhile, Karrar said that the project is the first of its kind in Egypt as it will include several medical specializations and will host prominent doctors from around the world.
The resort will include different medical clinics for comprehensive scans, labs, cosmetic clinics, hotels and restaurants.