Egypt’s General Authority for Investment and Free Zones (GAFI) CEO Hossam Heiba has sealed a significant deal to set up the country’s inaugural medical and health resort in the investment zone at Al-Saf, Giza, Invest-Gate reports.

In a pivotal agreement involving GAFI, Misr Investment for Development (a GAFI subsidiary), and Maxim Group, the groundwork was laid for creating Egypt’s premier medical and health facility named Naya Wellness Resort.

As per the contract, Maxim Group assumes responsibility for developing, managing, and operating this unique venture within GAFI’s investment zone in Al-Saf.

Moreover, this transformation aims to fuse healthcare with hospitality, envisioning a one-of-a-kind hub for medical tourism in Egypt, aligning with the nation’s healthcare sector advancement plan.

“We’ve expanded the Al-Saf investment zone across 40 acres, investing EGP1.5 bn. This project is set to create over 4,500 jobs post-operation,” shared Hossam Heiba. “Our goal is to make this area a nexus for medical tourism, services, crafts, and commerce, significantly boosting the local economy and Egypt’s overall economic landscape.”

Furthermore, Walid El-Rashid emphasized the inclusion of craft activities, leveraging Giza’s heritage industries and skilled labor to enhance tourism in the region.

Maxim Group’s Chairman Mohamed Karrar highlighted the project’s groundbreaking nature, promising diverse medical specialties, global experts, and a sustained inflow of foreign currency.

The resort, envisaged to employ numerous healthcare professionals, signifies the Group’s commitment to diversifying investments across sectors like hospitality, healthcare, real estate, and commerce.

Notably, this ambitious resort pledges a range of activities promoting physical and mental well-being. Leveraging its prime location, it plans to offer transportation services and house medical facilities, accommodation, dining options, and spaces for events and workshops.