Background

The Project consists of the design, construction, financing, and maintenance of an integrated health campus with 1,875 beds in Gaziantep (south-eastern Turkey).
The campus is comprised of general practice, oncology, cardiovascular diseases, women and children, physical therapy, and psychiatric hospitals. With a population of more than 2 million people (and 452k refugees following the 2023 earthquakes),
Gaziantep is one of Turkey’s oldest cities and among its most populous. Rapid population growth is putting a serious strain on healthcare services.
The project initially reached financial close in May 2017 with an international lenders group (EIB, EBRD, K-SURE, KEXIM); however, since 2018, the Project faced multiple issues, resulting in cost overruns and delays.
Given our track record in successfully delivering 4 healthcare PPP projects in Turkey on-time and on-budget, Meridiam and Ronesans (our partner since 2014), were approached by Ministry of Health, Ministry of Treasury and DFI Lenders with the view to restructure and complete the project.

Stage:

In Construction

ESG / SDG Key Facts

The Project will ensure sustainability and energy efficiency during construction and operation and will be certified LEED Gold.
The EPC Contractor will finance and complete the construction of a kindergarten and day-care centre on an area of approximately 3,000 m2 located in the Project area.