Prime Minister Mostafa Madbouli (L) meets with Hazem Zagzoug, CEO of Andalusia Group for Medical Services (R) – Press photo Prime Minister Mostafa Madbouli (L) meets with Hazem Zagzoug, CEO of Andalusia Group for Medical Services (R) – Press photo

Andalusia Group to build 2 hospitals in Cairo, Giza

Tue, Jul. 2, 2019
CAIRO – 2 July 2019: Hazem Zagzoug, CEO of Andalusia Group for Medical Services, said that his group decided to expand its investments in Egypt by establishing two new hospitals with a total cost of LE 1 billion ($60.3 million).

It is worth mentioning that Andalusia Group for Medical Services owns a network of hospitals in the Middle East

This announcement came as Prime Minister Mostafa Madbouli received Zagzoug on Tuesday. Zagzoug said that the two new hospitals will be established in 6th of October City and New Cairo. He added that the group's hospital in Maadi will also be expanded.

Zagzoug expressed the group's pride of its investments in Egypt, where it has a number of hospitals, including Andalusia Shalalat Hospital in Alexandria which was established in 1989, Andalusia Maadi Hospital established in 2009, Andalusia Hospital in Alexandria's Smouha established in 2012, and Andalusia Clinics in Alexandria established in 2018.

The CEO of Andalusia praised the investment climate in Egypt, most importantly the facilitating procedures and efforts exerted by the state to attract investors.

For his part, Madbouli stressed the government's readiness to support investments in various sectors and to facilitate the required procedures for investors either to expand their existing investments or to pump new investments.

He noted that the state has started the pilot operation of the comprehensive health insurance system, with the aim of providing people with special medical service. These services are provided by both government and private hospitals, Madbouli said, adding that the state needs to increase hospitals that provide excellent health services for citizens.

Egypt's new comprehensive healthcare insurance system guarantees offering high-quality medical services to all segments of the society without any discrimination, the Health Ministry previously said in a statement.

The new system gives beneficiaries the freedom to choose their health service providers and reduces personal spending on medical care, said the statement that was issued following a press conference held by Madbouli to announce the launch of the new healthcare system in Port Said.

Financially challenged citizens will be exempted from subscription fees, the statement said. The pilot stage of the new system will be applied in Port Said in 11 general and specialized hospitals and 32 healthcare units.

Additional reporting by MENA

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