CAIRO, June 10 (MENA) – The government is committed to offering required backing for the health sector, which represents a strategic investment for the future of the state, Prime Minister Moustafa Madbouli said.

The premier’s remarks came Tuesday during a meeting to discuss the investment plan of the health sector in the coming 10 years. The meeting was attended by Khaled Abdel Ghaffar, Deputy Prime Minister for Human Development and Minister of Health and Population, Hassan El-Khatib, Minister of Investment and Foreign Trade, and officials from both ministries.

Madbouli said the healthcare sector is among the most promising sectors, particularly medical tourism, noting that the government has started promoting several promising sectors and optimizing available opportunities under the state's vision to actively promote investment opportunities in promising sectors and take further steps to enhance Egypt’s economic competitiveness and increase foreign direct investment.

Such efforts are part of the national strategy prioritized by President Abdel Fattah El Sisi, which includes a unified national investment map involving necessary structural reforms, clearly defined objectives, stable and transparent policies, incentivizing fiscal measures, encouragement of the private sector, and continued efforts in digital transformation as a fundamental pillar for development.

The premier further explained that several meetings will be held with officials from the relevant sectors to have ongoing coordination with the Ministry of Investment to launch investment opportunities that maximize returns from these sectors. He underlined the importance of linking available investment opportunities with the specific targets of each sector.

For his part, the Minister of Health said during his presentation of the healthcare sector investment plan that there is ongoing coordination with the Ministry of Investment, and a dedicated structure and department has been established at the ministry to manage investment opportunities in this area.

The minister pointed out that the proposed investment plan includes developing healthcare infrastructure through establishing new facilities and upgrading existing medical centers, in addition to advancing the implementation of the Universal Health Insurance phases. These efforts aim to improve healthcare services and enhance the sector’s readiness to meet future demands.

The minister also highlighted efforts to support investment in the health sector, underscoring the existence of a legal framework that ensures a balanced partnership between the public and private sectors in delivering healthcare services. This includes opening up investment opportunities for the private sector, applying international quality standards, and providing investors with resources and guidance on opportunities in the health sector. He also outlined the objectives of the national project for licensing private medical facilities to have better cooperation among relevant ministries and agencies. (MENA)

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