30 May 2019
Egyptian non-profit organisation Life Makers Foundation (LMF) is planning to establish the largest kidney treatment hospital in Egypt in partnership with the government, LMF's CEO has said.
Ahmed Saada told Thomson Reuters Projects that the Egyptian government would provide the land needed to execute the project, which would cater to Cairo and Giza regions.
"We plan to start work on the project by 2020 and complete it by 2023. The only other kidney treatment hospital is located in the Mansoura governorate, which is far from the Capital," he said during an interview last week.
He didn't disclose the estimated project cost and location of the hospital but said LMF is currently executing a programme to establish 60 kidney treatment units across the country, each unit costing 15 million Egyptian pounds ($891,981), "to serve the greatest number of patients."
Saada said the other major activity for the foundation is financing Small and Medium Enterprises (SME) in Egypt involved in transport and in supply chain related operations.
"We plan to provide 40 million pounds ($2.4 million) in SME funding this year and 50 million pounds ($3 million) in 2020," he disclosed.
The LMF CEO said the foundation is also developing the Al Noor and AlAml School for the Blind in Beni Suef Governorate to transform it into a smart education hub.
"Samsung Electronics is fully financing the project and we hope to complete it by the end of this year," he said.
LMF was established in 2011 in accordance with the Egyptian NGO Law.
(Reporting by Marwa Abo Almajd; Editing by Anoop Menon)
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