Access Health Int’l aims to foster investment in Egypt healthcare system

CEO of Access Health International Krishna Reddy announced that the company aims to foster investment in Egypt's healthcare system and promote opportunities in the Egyptian health sector globally, according to a statement released by the General Authority for Investment and Free Zones (GAFI) on Thursday.

This announcement was made during a meeting with Hossam Heiba, CEO of GAFI, where they discussed collaborating to attract new investments into Egypt's health sector.

Reddy highlighted the significant potential of Egypt to invest in the medical tourism sector.

Both parties agreed to foster investment in Egypt through the Access Health network, which includes over 100 global partners.

They also committed to working on technical and research initiatives to develop an interactive investment map for Egypt’s healthcare sector. This will provide investment opportunities in medical tourism, healthcare institution establishment, drug and vaccine production, medical devices, and health insurance services.

Hala Zayed, regional director of Access Health for the Middle East and North Africa, praised the Egyptian government’s decision to grant the "Golden License" for health sector projects.

“This initiative will greatly benefit from the streamlined process of working with a single authority to secure construction and operational approvals,” she said.

Zayed also announced the opening of Access Health’s Cairo office, which will strengthen cooperation with the public and private sectors to improve healthcare services for Egyptian citizens and coordinate efforts to attract investments into the healthcare sector.