Adhanom termed the launch of the hospital as “special as it is harmonized
with Ethiopia’s Growth and Transformation Medical Tourism Plan. It is a
pacemaker that triggers more investment in medical tourism for other diaspora,”
Adhanom said.“The government is committed to provide the necessary support towards success construction of the hospital,” he added. The $100 million center is financed by the Commercial Bank of Ethiopia, the African Development Bank and the Ethio-American Doctors Group (EADG), a U.S. based health and medical corporation.
The construction of the center is expected to complete in three years. “The hospital is also exemplary to other governmental and private medical centers,” he said. “The center of excellence hospital is believed to improve healthcare delivery in Ethiopia.”
EADG President Tesfaye Fanta, for his part, hailed the Ethiopian government support for the construction of the hospital. “The hospital facilities and its campus of inpatient and outpatient care will be a center of excellence not only for Addis Ababa but also throughout Ethiopia and Africa as well as the nearby Middle East,” EADG President Tesfaye Fanta said.
Prominent personalities, including world athletics champion Haile Gebreselassie took part in Saturday’s ceremony. EADG was legally incorporated as a C-Corp (for profit) in North Carolina on May 26, 2011, for the purpose of establishing a center of excellence, internationally accredited tertiary hospital in Addis Ababa, Ethiopia.
Earlier in March, IGAD, an eight-country East Africa trade bloc, and the EADG signed a Memorandum of Understanding to establish a regional cancer center of excellence for the IGAD member countries.
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