GAFI inks $49mln contract to establish 1st healthcare resort in Egypt

Getty Images

The resort will be established in El Saf Investment Zone

Staff Writer, Arab Finance

January 10, 2024

PHOTO

Arab Finance: The General Authority for Investment and Free Zones (GAFI) has signed a contract with Maxim Investment Group (MIG) and Misr Investment Development (MID) to set up the first medical and healthcare resort in Egypt with investments of EGP 1.5 billion, a statement showed.

The resort will be established on a 40-feddan area in El Saf Investment Zone, and is set to provide over 4,500 job opportunities after operation.

As per the contract, MIG will develop, manage, and operate El Saf Investment Zone and transform it into a healthcare resort, to promote medical tourism in Egypt.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

ZAWYA NEWSLETTERS

RELATED ARTICLES

ZAWYA NEWSLETTERS

LATEST VIDEO