Egypt’s Ministry of Housing, Utilities and Urban Communities has signed a memorandum of understanding (MoU) with a team local/Chinese team to operate and manage the first and largest hospital in the New Administrative Capital as a public-private partnership (PPP).

The team includes the local Alameda Healthcare Group, Beijing-based China State Construction Engineering Corporation and the local Al-Hazeq Construction Company, as well as other engineering, architectural and medical firms including HKS.

The PPP deal involves operating a new hospital for 49 renewable years, while the facility will be owned by the ministry, represented by the New Urban Communities Authority (Nuca) and constructed by China State Construction Al-Hazeq Construction.

The ministry will provide a land plot close to the CBD New Capital Towers in the New Administrative Capital's Business District. China State was awarded the contract to build the CBD district in 2017.

Alameda will begin running the facility upon the completion of the hospital’s construction phase after 36 months from the agreement signing date.  It will spend £E1bn ($64m) on medical equipment for the hospital.