I Wrote/ Sama Mohamed
MIDAR for Investment and Urban Development, the master developer of integrated mega cities in New Cairo, has signed a memorandum of understanding with Gruppo GKSD Italy, an international leader in provision of quality healthcare, leading investment, design, and engineering expertise, construction, procurement, and environmental technologies to develop a landmark integrated medical, educational, and research complex in MADA. The project is expected to involve total investments of €500–600 million.
Gruppo GKSD is a part of GK Investment Holding and Gruppo San Donato, Italy’s leading private healthcare group with expertise in 50 plus specialties and treating over 6.5 million patients through its network of over 150 healthcare facilities. The Group brings extensive expertise in delivering world-class clinical care protocols delivered through trained professional experts, medical research that ranks in the top 10 by medical research citations, and sustainable infrastructure solutions.
The agreement was signed at MIDAR’s headquarters in the presence of Eng. Ayman ElKousey, CEO and Managing Director of MIDAR for Investment and Urban Developments; Mr. Kamel Ghribi, Chairman of Gruppo GKSD and Gruppo San Donato, and The Italian Consul, Giuseppe Papalia, in Egypt.
The medical city is set to include a group of advanced hospitals with a capacity of up to 500 beds, a medical university with up to 5,000 students, in addition to a research and training center. Together, these components will form a fully integrated ecosystem that brings healthcare delivery, medical education, and scientific research into a single, cohesive destination.
Positioned as a first-of-its-kind model in Egypt, the project is designed to elevate healthcare standards, attract international expertise, and support the development of future medical professionals, while reinforcing MADA’s role as a leading regional hub for innovation and specialized services, and International medical tourism within MIDAR’s cities.
This partnership combines MIDAR’s capabilities in large-scale urban development with GKSD’s proven international track record in operating healthcare facilities, and related infrastructure as well as having a strong foundation in academics and research will ensure the delivery of best global practices and significantly improve the quality of care in the country.
This represents a remarkable success for MIDAR in attracting foreign direct investment into Egypt, particularly in light of the current challenging conditions. It further underscores Egypt’s stability, positioning it as a preferred and attractive destination for long-term foreign and regional investments.
Eng. Ayman ElKousey, CEO and Managing Director of MIDAR, commented: “This partnership comes as part of MIDAR’s integrated planning approach across its cities, ensuring the provision of comprehensive services that meet the diverse needs of residents.
This step is aimed to support MIDAR’s cities, particularly Mostakbal City and MADA, which are planned to accommodate approximately one million residents.
Elkousey emphasized that MIDAR regards East Cairo, and particularly the New Capital, as key areas expected to witness significant population growth in the coming years.
This growth requires the delivery of services in line with the highest international standards, enhancing quality of life and supporting the state’s vision of developing a fully integrated services infrastructure as part of the future of Egypt’s healthcare sector.
Elkousey added that this growth is also expected to drive increased demand for investment projects in these areas, gradually reflecting on their market value, and marking a significant contribution by MIDAR to the growth of both market value and services in the New Capital.
Mr. Kamel Ghribi, Chairman of Gruppo GKSD, commented: GKSD and Gruppo San Donato reaffirms its strategic commitment to the Arab Republic of Egypt, recognizing the nation as a pivotal hub for healthcare innovation and excellence in the region. In line with our ongoing mission to foster global health security, GKSD views the Egyptian market not only as a land of immense opportunity but as a critical partner in advancing quality healthcare infrastructure.
The conference was attended by a number of leading developers within MIDAR’s cities, including Eng. Ahmed Sabbour, Chairman and Managing Director of Al Ahly Sabbour, Eng.
Mostafa El-Kady, CEO of Emaar Misr, and Eng. Bassel El-Serafy, CEO of Adeer International, along with the participation of several senior executives from both groups.
This partnership represents a significant step in bringing integrated model for healthcare, research and education in Egypt, enhanced by the distinctive value of Italian design and high-quality engineering standards, with the ambition of setting a new benchmark for excellence.
By combining advanced medical services, academic excellence, and research capabilities within a single destination, we are creating sustainable long-term value not only for our developments, but for the broader healthcare ecosystem.
