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- Operations
- SGH Alexandria Egypt Hospital
SGH Alexandria Egypt Hospital
Egypt
Borrower | Al-Batterjia Medical (SAE) |
Financing Type | Private Sector & Trade Finance |
Instrument | Private Sector Debt |
Focus Area | Health |
Approved | 11.09.2019 |
Signed | 23.12.2019 |
Status | Ongoing |
Loan Administrator | FAB |
Co-financiers | IFC, EBRD, FINNFUND |
OPEC Fund Contribution (US$m) | 25.00 |
The OPEC is providing a US$25m term loan to Humania Healthcare to finance its investment program in Egypt and Morocco. The project entails the construction of a 208-bed hospital in Alexandria (Egypt), expansion of Humania’s existing 225-bed hospital in Cairo (Egypt) via the construction of an adjacent medical tower and the construction of a 150-bed hospital in Casablanca (Morocco).