Financed ProjectsKonya Karatay Integrated Health Campus

Identification Code:

OP/14/0046

Total Operation Cost:

265.000.000

Maturity:

216 months

Operation Status:

Description and Purpose of the Operation:

Provision of a project finance facility to a special purpose vehicle, ATM Saglik Konya Yatirim ve Isletme Anonim Sirketi, Turkey, to design, finance, construct, operate and transfer an integrated health campus with a total capacity of 838 beds, through Public Private Partnership (PPP) model

Countries of Operation:

Türkiye (100,00 %)

Financial Product:

Loans

Sector:

Health Care

Domain:

Public

Borrower/Client:

ATM Saglik Konya Yatirim ve Isletme Anonim Sirketi, Turkey, an SPV incorporated by YDA Insaat Sanayi ve Ticaret A.S.

Co-Financiers/Participants:

EBRD, Islamic Development Bank, Unicredit and Siemens Bank

Guarantors/Sponsors:

Sponsor: YDA Insaat Sanayi ve Ticaret A.S., Turkey

Developmental and Regional Cooperation Impact:

The Project is expected to have positive economic benefits for the region, and the Turkish economy more both during the construction phase, as well as during 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):

The Operation has been assigned Environmental and Social (E&S) Category B+ due to the nature of the project, which is greenfield, and the healthcare sector, which potentially can generate medium to high E&S risks and impacts. These however are site-specific, readily identifiable, readily addressed by standard industry practice mitigation measures, and are largely reversible.

Operation Leader:

General Industries, Transport, Tourism 2

E-mail:

gitt2@bstdb.org