Access Health International, a global nonprofit organization, has announced plans to enhance investment in Egypt’s healthcare system and promote the country’s health sector internationally. The announcement was made during a meeting between Krishna Reddy, CEO of Access Health International, and Hossam Heiba, CEO of Egypt’s General Authority for Investment and Free Zones (GAFI), according to a statement released on Thursday.
The discussions focused on attracting new investments to Egypt’s healthcare sector, with particular emphasis on the country’s potential in medical tourism. Both parties agreed to utilize Access Health’s global network of over 100 partners to support investment in various healthcare areas, including medical tourism, healthcare infrastructure, pharmaceuticals, medical devices, and health insurance.
To facilitate this, Access Health and GAFI plan to develop an interactive investment map showcasing opportunities within Egypt’s healthcare sector.
Golden License Initiative
Hala Zayed, Access Health’s Regional Director for the Middle East and North Africa, lauded the Egyptian government’s introduction of the “Golden License” for healthcare projects. This initiative streamlines the approval process for construction and operation through a single authority, making it easier for investors to enter the sector.
Zayed also announced the opening of Access Health’s Cairo office, aimed at strengthening collaboration with public and private stakeholders to enhance healthcare services for Egyptians and attract global investments.
Incentives Aligned with Vision 2030
Heiba emphasized the incentives available for healthcare investments, particularly those aligned with Egypt’s Vision 2030 and Sustainable Development Plan. These incentives prioritize improving service quality, expanding access for vulnerable populations, fostering sustainability, and promoting job creation and technology localization.
The collaboration between GAFI and Access Health also includes targeting major global healthcare brands to invest in Egypt, positioning the country as a hub for medical tourism and boosting the economy while enhancing income opportunities for medical professionals.
Access Health International’s Mission
Founded in 2007, Access Health International focuses on improving access to high-quality, affordable healthcare worldwide through research, policy advocacy, and evidence-based initiatives. By partnering with governments, healthcare providers, academic institutions, and private organizations, the nonprofit aims to strengthen health systems and drive sectoral advancements globally.
This partnership underscores Egypt’s commitment to transforming its healthcare landscape and positioning itself as a leading destination for medical innovation and services.