18 July 2019 03:01 AM

Health, investment ministers mull medical ventures with Omani investors

Friday، 26 April 2019 - 10:07 AM

Health Minister Hala Zayed and Minister of Investment Sahar Nasr held a meeting with two Omani investors on means of pumping new investments in the pharmaceutical and medical supplies industry.

The ministers on Thursday met with investors Shehab Alawi and Fatemah Alawi in Cairo in the presence of officials in the field of health.

During the meeting, Zayed reviewed the gains of President Abdel Fattah El Sisi’s initiative "100 Million Healthy Lives" to eradicate HCV and detect non-communicable diseases.

Zayed highlighted the efforts exerted by the Health Ministry to support projects to produce medicines and medical supplies locally to contribute to the success of the initiative.

Health Ministry Spokesman Khaled Megahed said Zayed reviewed the various investment-attracting sectors of the medical supplies industry in Egypt, and promised to provide all means of support needed for investors to invest in the Egyptian market, especially in the production of auto-destruct syringes, surgical gloves, dialysis filters, dialysis fluid and peritoneal dialysis solution.

He noted that Egypt will be banning regular syringes as of mid-June 2020 and will have to manufacture two billion auto-destruct syringes annually to meet its local needs.

Nasr underscored full coordination with the ministry of health to encourage investors to pump new investments in the health field.

The Omani investors expressed great desire to invest in the Egyptian health sector in light of Egypt’s good reputation on that score.


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