Financed ProjectsAnkara Etlik Integrated Health Campus

Identification Code:

OP/13/0018

Total Operation Cost:

878.000.000

Maturity:

216 months

Operation Status:

Description and Purpose of the Operation:

Provision of a project finance facility to a special purpose vehicle, Ankara Etlik Hastane Saglik Hizmetleri Isletme Yatirim A.S., to design, finance, construct, operate and transfer an integrated health campus with a total capacity of 3.566 beds, through Public Private Partnership model.

Countries of Operation:

Türkiye (100,00 %)

Financial Product:

Loans

Sector:

Health Care

Domain:

Public

Borrower/Client:

Ankara Etlik Hastane Saglik Hizmetleri Isletme Yatirim A.S., Turkey

Co-Financiers/Participants:

- EBRD with A loan and B loan facilities - IFC with A loan and B loan facilities - SACE - Commercial Banks

Guarantors/Sponsors:

Sponsors: - Turkerler Insaat Turizm Madencilik Eneji Uretim Ticaret ve Sanayi A.S., Turkey - Astaldi Concessioni S.p.A., Italy

Developmental and Regional Cooperation Impact:

The Project is expected to have positive economic benefits for the Ankara region and the Turkish economy both during the construction phase, as well as the operational phase. The most relevant of these are new employment creation, demonstration effects, upstream linkages with suppliers, a favorable multiplier effect in the region, and most importantly improved and expanded provision of health care for the public.

Environmental Classification and Impact (summary):

Due to the large scale of the Project, nature of the business, and location the operation has been screened as Category A.

Operation Leader:

General Industries, Transport, Tourism 2

E-mail:

gitt2@bstdb.org