President El-Sisi Follows Up Strategic Warehousing System for Medical Storage Project

President Abdel Fattah El-Sisi met today with Prime Minister Dr. Mostafa Madbouly, and Minister of Planning and Economic Development Dr. Hala El-Saeed, in the presence of Advisor to the President for Urban Planning Major General Amir Sayed Ahmed, Chairman of the Egyptian Authority for Unified Procurement, Medical Supply and Technology Management Major General Dr. Bahaa El-Din Zidan, and the CEO of the Sovereign Fund of Egypt.

The Spokesman for the Egyptian Presidency stated that President El-Sisi and the officials discussed the developments of the project of establishing a strategic warehousing system for medical storage nationwide.

In this regard, President El-Sisi called for speeding up the process of establishing strategic warehousing system for medical storage. The goal of this project is to ensure having a strategic reserve in order to meet the current and future need for medical supplies and medicine, whether from domestic or global production. By meeting this need, any emergency in this framework would be handled, in parallel with the efforts exerted by the Egyptian Authority for Unified Procurement.

The President also called for establishing these strategic warehouses near the major axes network so as to ensure easy access to them. His Excellency also called for establishing the warehouses within a geographical scope that ensures having the service covering all Egypt. Moreover, he demanded to have the warehouses designed in accordance with the finest global systems and the warehousing mechanized using the latest technological means and artificial intelligence.

During the meeting, the officials concerned presented the developments of the activation process of the "Sovereign Fund of Egypt" and its strategy. Means to maximize its resources, assets, financial and funding structure and future projects were also presented. Furthermore, they tackled the Fund’s expected role in boosting economic growth rates.