Economy, Domestic Economy
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Iran Health Ministry Signs €1.8b Deal With UK's IHG

The health deal was signed in Iran’s Embassy in London on Oct. 23.
The health deal was signed in Iran’s Embassy in London on Oct. 23.

Iran’s Ministry of Health signed an investment and cooperation memorandum of understanding with UK’s International Hospitals Group on Monday in the Iranian Embassy in London. Based on the deal, IHG will invest an estimated €1.8 billion in the construction of a network of modern cancer treatment centers in Tehran and other provinces.

"Apart from attracting financial resources to build, equip and run these centers, the British side will cooperate in transferring the latest medical know-how regarding cancer treatment and training of personnel," Iranian Ambassador to the UK Hamid Baeidinejad reported in his official Telegram Channel.

When completed, the project will be one of the biggest in Iran’s health sector, using foreign financial resources and creating thousands of direct and indirect jobs. International Hospitals Group is an international healthcare services company headquartered in Gerrards Cross, Buckinghamshire. IHG's services include on an individual or turnkey basis: healthcare consultancy, design, construction, medical equipping and operation and management of healthcare facilities.

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