Complementing the role of the National Bank of Egypt in developing the health care system, funding has been approved to establish and equip the Orthopedic and Trauma Hospital located on the main axis road, 26th of July – 6th of October City.
Yahya Aboul Fotouh, Vice Chairman of the Board of Directors of the National Bank of Egypt, said that the funding amounted to 290 million pounds, which represents about 74.4% of the total investment cost of the project, which amounted to 390.7 million pounds. This funding comes within the framework of the bank’s continuous support for the health sector in Egypt. Egypt; And with the aim of providing distinguished health care to the citizen in various medical specialties in line with the development in this vital sector.
He pointed out that the health care sector is one of the largest and fastest growing sectors in the world, and since this sector spends more than 10% of the GDP of most developed countries, it constitutes a huge part of the economy of any country, which encourages the National Bank of Egypt as the largest financial institution in the world. Egypt to support this sector is growing.
Aboul Fotouh stressed that the hospital is planned to provide the highest quality services and medical care to citizens in Egypt, in addition to serving patients from the Arab region and Africa.
Dr. Hazem Abdel-Azim, Professor of Orthopedics and Chairman of the Board of Directors of the hospital, added that the rapid development in medicine has imposed the need for very precise specializations within a single specialty, especially in orthopedics, which is well recognized by the community.
He pointed out that Al-Mehwar Hospital for Orthopedics and Specialized Surgery seeks to gain the trust of patients and society by providing a more specialized and distinguished medical service and to be the first hospital in Egypt and the region with this perspective, as the hospital management is fully aware that providing this distinguished medical service is associated with the need to provide a distinguished medical team. Integrated, working in a suitable, highly equipped environment that guarantees success, in addition to the society’s need for a medical institution on a global level scientifically, technically and ethically, in which it is trusted and satisfied with the level of service it provides.
For his part, Sherif Riyad, Head of the Corporate Credit and Syndicated Loans Group at the National Bank of Egypt, added that the financing aims to establish and equip the hospital, which is expected to take a period of two years for the hospital to open at the beginning of 2022, including the completion of all facilities while providing the hospital with the latest devices, equipment, systems and programs. operation, as well as the necessary means of transportation.
He explained that it is set to become a large medical edifice in Egypt that provides all medical services, especially orthopedics, with an operational capacity of about 100 beds, in addition to that it will also include a selection of the largest orthopedic professors in Egypt with experience and competence in the medical field and in hospital management, which will raise its efficiency. The medical service provided by the hospital to become a global medical model in Egypt.
