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Egyptian Gazette
Home Business Real Estate

Ministry of Housing and Alameda Healthcare Group sign MoU

by Hamed Mahmoud
December 20, 2021
in Real Estate
Ministry of Housing and Alameda Healthcare Group sign MoU 1 - Egyptian Gazette
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In line Egypt vision 2030, which reflects the state’s long-term strategic plan to create sustainable societies in partnership with leading economic, technical and scientific entities and development partners, the Ministry of Housing, Utilities and Urban Communities signed a Memorandum of Understanding with a global alliance that includes Alameda Healthcare Group, the China State Construction Engineering Corporation “C.S.C.E.C” and Al-Hazeq Construction Company, to establish, manage and operate the first and largest hospital in the New Administrative Capital.

According to this public–private partnership, Alameda will operate a new hospital for 49 renewable years, while the facility will be owned by the ministry, represented by NUCA and constructed by the China State Construction Engineering Corporation “C.S.C.E.C” and Al-Hazeq Construction Company.

The alliance responsible for the establishment, construction and management of the hospital will collaborate with global consultants in the field of engineering and architectural consultancy specialised in the medical field, such as the global office “HKS”. In addition to, a global partner to contribute in setting international medical standards and management.

Moreover, the ministry will provide a land plot of 7 feddan located near the CBD New Capital Towers in the New Administrative Capital’s Business District. Alameda will begin running the facility upon the completion of the hospital’s construction phase after 36 months from the agreement signing date. Alameda will invest LE1 billion for equipping the hospital with the cutting edge and most advanced medical technology and equipment.

“We are honoured to sign today’s MoU with the Ministry of Housing, Utilities and Urban Communities and to be its partner of choice, in supporting the country through establishing a first of its kind world class quaternary care international hospital. Carrying on with our mission to expand our footprint within the country and deliver excellent healthcare to our people, we are delighted to be in the New Administrative Capital. With our collaboration with top international hospital chain, we shall build the clinical bandwidth to ensure all complex procedures with latest techniques can be done within the country.” said Dr. Fahad Khater, Chairman and Owner of Alameda Healthcare.

In this context, Neeraj Mishra, CEO of Alameda Healthcare Group said, “This is a major milestone in our journey to expand our capacity and geographical presence. Our endeavor is to position this hospital on the world map as the referral and training centre for the country and continent”

This MoU comes as an extension of the state’s plans to establish the new administrative capital of Egypt and provide all major services at the highest global standards. The most essential of these services is the provision of exceptional healthcare services, which will aid in positioning Egypt at the forefront of the healthcare field in the MEA region.

Tags: Al-Hazeq ConstructionAlameda Healthcare GroupC.S.C.E.CChina State Construction Engineering CorporationMinistry of HousingNACVision 2030

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