The Egyptian government has signed a Memorandum of Understanding with a consortium led by Alameda Healthcare Group to develop a new hospital in the New Administrative Capital (NAC) on Public-Private Partnership (PPP) model. 

The consortium also includes China State Construction Engineering Corporation (CSCEC) and Al-Hazeq Construction Company. It will be responsible for the construction and operation of the project, which consists of a hospital for 300 beds. Located near the CBD New Capital Towers in NAC’s Business District, the hospital will also include 100 ICU beds, 200 single rooms, 10 operating theatres, robotics surgery, 2 catheter labs, 2 linear accelerator machines and an oncology program.

The concession contract includes the 49-year period for operation and maintenance, which will be done by Alameda. The Ministry of Housing, Utilities and Urban Communities will own the hospital through the New Urban Communities Authority (NUCA). The project is expected to be completed in 36 months from the signing agreement.