Future Radiology Center, a private medical diagnostic imaging center, specializes in offering a wide range of radiology services, including ultrasound, X-ray, MRI, and CT scans. The center aims to enhance its energy efficiency and reduce operational costs while expanding its services to accommodate a growing number of patients.
Future Radiology Center invested in an energy-efficient MRI equipment from Siemens Healthcare. This investment enabled the center to broaden its imaging capabilities and serve an increasing number of patients. The sub-project’s capital investment totalled $662,281 (EGP 20,423,479), resulting in substantial benefits.
The new MRI Scanner has numerous advantages as it improved energy efficiency, reduced operational expenditures, and expanded diagnostic capabilities. This investment significantly improved the center’s financial performance, enhancing its capacity to serve patients more effectively.
The new energy-efficient MRI not only improved the center’s operational efficiency and reduced energy consumption but also had a positive impact on the environment by reducing GHG emissions by 49 tCO2eq/year. Moreover, the investment increased the center’s annual profits by $226,560, with a payback period of only 3 years, showcasing its financial effectiveness.
The investment also had a positive social impact by creating 8 male and 5 female jobs, contributing to local employment opportunities.
The Egypt GVC team evaluated the technical and financial feasibility of the project and provided advice on the best available technologies to enable the company to enhance energy efficiency and profitability.
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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