Maxim Investment Group (MIG) has signed a memorandum of understanding (MoU) with the South Sinai Governorate to collaborate on the establishment of medical tourism projects within the governorate, Invest-Gate reports.

The MoU was signed during the International Health Tourism Conference, which was held under the patronage of President Abdel Fattah El Sisi and opened by Prime Minister Mostafa Madbouly.

The signing of the MoU on March 3, 2024, aligns with the government’s efforts to encourage investments in the South Sinai Governorate, particularly in the field of hospital and therapeutic tourism.

The governorate’s natural features and unique geographical location make it well-suited for the establishment of various hospital tourism projects, with medical tourism being a key focus in the tourism sector due to the region’s natural resources.

Through collaboration with the South Sinai Governorate, MIG aims to share its expertise in developing multi-use projects, as well as projects focused on medical and hospital tourism. The company’s current focus is on establishing such projects, with the Naya Wellness Resort in Giza being one of the most significant.

MIG plans to enhance and promote the ecolodge concept in Sharm El-Sheikh, emphasizing the integration of architecture and the environment to minimize environmental impact caused by excessive use of modern technology.

The company aims to provide health and environmental services to tourists, incorporating the surrounding natural and cultural elements while promoting the idea of eco-tourism. This approach supports environmental awareness, reduces pollution, and contributes to a healthier and more sustainable tourism industry.