Turkey's Akfen Insaat preferred bidder for hospital PPP project

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Turkey's Akfen Insaat preferred bidder for hospital PPP project

Turkish conglomerate Akfen Holding has announced that its construction unit Akfen Insaat has placed the best bid for the Eski?ehir City Hospital PPP project in Turkey.

Akfen Insaat offered an all-inclusive yearly price of TRY127.9 million (US$55.1 million). The firm beat out competition form other eleven qualified firms.

The new facility has a total capacity of 1,081 beds which will help fulfill the growing demand for healthcare in the Eski?ehir area. Healthcare facilities in this new complex include:

  • General Hospital,
  • Oncology Hospital,
  • Cardiovascular Diseases Hospital and
  • High-Security Forensic Psychiatric Hospital.

The project involves the development of the new facilities against a lease payment and provision of products and services for the hospital for 25 years.

Akfen Holding also signed an agreement with Turkey's ministry of health in September 2013 to build a hospital in the western Turkish city of Isparta under public private partnership (PPP). Akfen had won in February 2013 the tender for the construction and provision of products and services for the Isparta City Hospital for 25 years. The project is expected to cost some 573 million Turkish lira ($282 million).

In December 2014, Turkish conglomerate Ronesans Holding and France-based international investment fund Meridiam Infrastructure announced that they had reached financial close for the Adana Integrated Healthcare Campus PPP project, in the southern Turkish city Adana.

Earlier in November, Turkey's DIA Holding announced it had secured a €272 million (US$339 million) financing package to develop the Mersin PPP Integrated Health Campus PPP project in southern Turkey. And Turkey's YDA Group secured €315 million (US$395 million) financing for the development of the Kayseri health campus PPP project in Turkey.

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