April 2026- MIDAR for Investment and Urban Development, the master developer of integrated mega cities in New Cairo, has signed a memorandum of understanding with Gruppo GKSD Italy, an international leader in provision of quality healthcare, leading investment, design, and engineering expertise, construction, procurement, and environmental technologies to develop a landmark integrated medical, educational, and research complex in MADA. The project is expected to involve total investments of €500–600 million.
Gruppo GKSD is a part of GK Investment Holding and Gruppo San Donato, Italy’s leading private healthcare group with expertise in 50 plus specialties and treating over 6.5 million patients through its network of over 150 healthcare facilities. The Group brings extensive expertise in delivering world-class clinical care protocols delivered through trained professional experts, medical research that ranks in the top 10 by medical research citations, and sustainable infrastructure solutions.
The agreement was signed at MIDAR’s headquarters in the presence of Eng. Ayman ElKousey, CEO and Managing Director of MIDAR for Investment and Urban Development; Mr. Kamel Ghribi, Chairman of Gruppo GKSD and Gruppo San Donato, and The Italian Consul, Giuseppe Papalia, in Egypt.
The medical city is set to include a group of advanced hospitals with a capacity of up to 500 beds, a medical university with up to 5,000 students, in addition to a research and training center. Together, these components will form a fully integrated ecosystem that brings healthcare delivery, medical education, and scientific research into a single, cohesive destination.
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Eng. Ayman ElKousey, CEO and Managing Director of MIDAR, commented: “This partnership comes as part of MIDAR’s integrated planning approach across its cities, ensuring the provision of comprehensive services that meet the diverse needs of residents. This step is aimed to support MIDAR’s cities, particularly Mostakbal City and MADA, which are planned to accommodate approximately one million residents.
Mr. Kamel Ghribi, Chairman of Gruppo GKSD, commented: GKSD and Gruppo San Donato reaffirms its strategic commitment to the Arab Republic of Egypt, recognizing the nation as a pivotal hub for healthcare innovation and excellence in the region. In line with our ongoing mission to foster global health security, GKSD views the Egyptian market not only as a land of immense opportunity but as a critical partner in advancing quality healthcare infrastructure.
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