IFLR1000

Kayseri Integrated Health Campus PPP

1/7/2016
PPP, Project finance
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€ 315 million

$ 349.934 million

Completed

1/7/2016

Overview:

  • The Kayseri Integrated Health Campus is a public-private partnership (PPP) hospital project in the city of Kayseri in central Anatolia.
  • The project developers are YDA İnşaat Sanayi Ticaret, ATM Sağlık Kayseri and Italian company INSO Sistemi Per Le Infrastrutture Sociali.
  • The campus will provide 2,000 beds.
  • The total cost of the project is estimated to be in excess of $650 million.
  • It is part of the Turkish Ministry of Health’s $10 billion plan to deliver 29 PPPs and 41,000 new hospital beds, a programme.

Jon Moore - Journalist

Jurisdiction:

Türkiye

Deal types:

PPP
Project finance

Practice area:

Project finance

Governing law:

Turkey

Industry sectors:

Healthcare
Social infrastructure

Firms:
Çakmak

Party: International Finance Corporation (IFC) (Lender)

Party: TC Ziraat Bankası (Lender)

Party: Finansbank (Lender)

Lawyers: Mesut Çakmak, Naz Bandik Hatipoğlu

Elmadağ Law Firm

Party: Ministry of Health of Turkey (Grantor)

Erdem & Erdem

Party: YDA İnşaat Sanayi ve Ticaret (Project developer)

Party: ATM Sağlık Kayseri (Project developer)

Party: INSO Sistemi Per Le Infrastrutture Sociali (Project developer)

Lawyers: Ercüment Erdem, Özgür Kocabaşoğlu

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