34 HEALTHCARE CAMPUS (PPP)

The Turkish Government initiated a transformation project in 2003 to modernize the public hospitals and expanding their bed capacity through uniting the regional hospitals within one campus. The Turkish Government has an extensive healthcare PPP pipeline with an estimated total capacity of 50.000+ beds and total investment cost of well exceeding $16 billion. Currently 34 projects are already announced, including already tendered projects and projects still under planning. The projects are tendered/planned within Built-Lease-Transfer (BLT) scheme specifically implemented for these projects. As of today, 11 projects have reached or are about to reach financial close and two of them are expected to commence operations in 2017.