Prime Minister Mostafa Madbouly reviewed the projects’ proposed financial model during a meeting with government officials and representatives of the unnamed global private-sector consortium expected to develop them.
The proposed medical city in the New Capital would attract around $2.8 billion in investment, while the New Alamein project would receive approximately $2.5 billion, according to consortium representatives.
PM Madbouly directed the formation of a joint working group comprising representatives of the consortium and the relevant Egyptian authorities to complete technical, financial, and legal negotiations and reach a final agreement before implementation begins.
“The government fully welcomes the proposal to establish the two integrated medical cities,” Madbouly said, describing the projects as a potential “qualitative leap” for Egypt’s healthcare system and its position as a regional centre for medical services and medical tourism.
Health Minister Khaled Abdel-Ghaffar noted that a comprehensive financial framework for the projects had been developed in cooperation with one of the world’s largest specialized consortia.
“The two projects represent 100 percent foreign direct investment,” Abdel-Ghaffar said.
The proposed cities would include specialized hospitals equipped with advanced medical systems, as well as administrative, educational, and training facilities. They would provide preventive and therapeutic services while supporting medical education, research, and professional training.
Under the proposed agreement, the state would receive a substantial share of the hospitals’ beds for patients covered by Egypt’s Universal Health Insurance System, the minister said.
Abdel-Ghaffar added that the projects would be based on successful international medical city models and would help establish Egypt as a regional centre for specialized healthcare and medical tourism.
“The projects will provide integrated preventive and therapeutic services in accordance with the highest international standards,” he said.
Consortium representatives said the facilities would rely primarily on Egyptian doctors and other medical personnel, citing their qualifications and international reputation.
They projected that the hospital forming part of the New Capital medical city could attract more than three million medical tourists during its first three years of operation.
The consortium has also begun assessing several plots in New Alamein to select a site for the second medical city. The development is expected to include hotels serving patients and visitors, integrating medical treatment with accommodation.
Madbouly said the two projects had been reviewed at several previous meetings, reflecting the government’s interest in advancing them towards implementation.
The proposals form part of Egypt’s broader effort to attract private and foreign investment into healthcare while expanding specialized treatment, medical education, and medical tourism.
They follow plans announced earlier in 2026 for a separate $1.5 billion medical city in Ain Al-Sokhna. The 230-feddan complex is expected to comprise 18 specialized institutes and more than 4,000 beds, although construction remains dependent on finalizing financing arrangements.
The new projects would also support Egypt’s Universal Health Insurance System (UHIS). The first phase has registered more than six million people across six governorates, while over EGP 115 billion has been allocated for the second phase, which is expected to serve more than 12 million people in Minya, Matrouh, Damietta, Kafr El-Sheikh, and North Sinai.
Egypt has also sought to expand medical tourism through the Healthcare Authority's “We Care for You in Egypt” programme. By May 2025, authority-run facilities had treated more than 24,000 patients from 97 countries, generating more than $4.5 million in revenue.
Short link: