Egyptian Health Minister Khaled Abdel Ghaffar met Wednesday with representatives of Russian companies working in the production of medical equipment. The Russian delegation is taking part in the second international medical exhibition Africa Health ExCon taking place in Cairo.
"During the meeting, the minister expressed the readiness and desire of the Egyptian state to start cooperation in the creation of an [Egyptian-Russian] plant specializing in the production of medical equipment," the ministry said.
It said the staff of the planned joint venture will include the best specialists in the industry from both countries.
"This cooperation will be a real step towards attracting investment in Egyptian healthcare under the investment promotion instruments adopted by the Egyptian state," the ministry said.