El Mostakbal Radiology Centre, an Egyptian private medical SME, invested in an energy-efficient closed Magnetic Resonance Imaging (MRI) unit. The new MRI unit will help El Mostakbal expand its current MRI diagnostic imaging capabilities to meet increasing market demand. The investment will help El Mostakbal enhance its competitiveness and profitability by improving the image quality and addressing increasing market demand.
El Mostakbal Radiology Center is a private medical diagnostic and imaging centre located in Beheira Governorate, Egypt. El Mostakbal is currently providing radiology services to patients using different imaging techniques including ultrasound, X-ray, MRI, CT scan, etc.
The company invested in a new energy-efficient closed Magnetic Resonance Imaging (MRI) unit with a modern technology that will enable El Mostakbal to improve the quality of scan images and increase the number of scans. The new MRI unit will allow the company to enhance the imaging quality while decreasing the scan duration.
The investment will result in increasing the competitiveness and profitability of the company, as the new equipment will reduce operational expenditures as a result of the improved energy performance.
The GVC team evaluated the technical and financial parameters of the investment, provided technical assistance in the selection of the best available technology that can support improvements in image and service quality, as well as enhance operational performance while boosting revenues growth. The investment incentive provided under the facility will also help enhance the company’s profitability.
The EUR 630,647 investment is expected to increase profits by approx. 85% due to the centre’s ability to respond to the increasing market demand for its medical services and accordingly, increase revenues.
It is estimated that the investment will result in 21 MWh/Year of energy savings and 10 tCO2eq, equivalent to the emissions of 1,216,426 smartphones charged.
Egypt Green Value Chain Financing Facility was developed by the European Bank for Reconstruction and Development (EBRD) and is financially supported by the Green Climate Fund (GCF), the European Union (EU) and the EBRD Shareholder Special Fund (SSF).
The Sub-borrowers receive an investment incentive for successful project implementation, provided by a grant from the EU.
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