BMEC Imaging– Egypt and Main Development Company (MDC) have signed a contract to build a $4.5 million advanced medical manufacturing and remanufacturing facility in the Ain Sokhna Industrial Zone, the General Authority for the Suez Canal Economic Zone (SCZONE) said Sunday. The agreement, witnessed by SCZONE Chairman Waleid Gamal El-Dien, will see the facility developed in phases, with an initial investment equivalent to 214.6 million Egyptian pounds. The project will focus on producing high-tech medical equipment including X-ray machines and dialysis devices, while also remanufacturing complex systems such as Cath Labs, PET CT, MRI, LINAC, and CT scanners, according to SCZONE's statement. The facility is expected to generate hundreds of direct and indirect jobs, targeting engineers, technicians, and medical technology specialists. Gamal El-Dien described the project as "a major step towards localising Egypt's medical industries," adding that it supports SCZONE's strategy to attract value-added, technology-driven investments. The project aligns with our vision to reduce reliance on imports, meet local demand, and boost exports to African and Middle Eastern markets, he added. The SCZONE chairman said the medical technology is among Egypt's national priorities, noting that the project reflects SCZONE's commitment to industrial sustainability and advanced manufacturing solutions. Attribution: Amwal Al Ghad English Subediting: Y.Yasser