Adana Integrated Health Campus achieves financial close, Turkey
The 541 million Adana Integrated Health Campus public-private partnership project in Turkey has successfully achieved financial close.
Mott MacDonald is lenders’ technical advisor and is now providing construction and environmental monitoring services.
The 1,550-bed, 539,823 sq m health campus will be made up of six specialist hospitals, including a 584-bed general hospital. Dedicated facilities for oncology, cardiovascular diseases, women and children, forensic psychiatry and physical medicine and rehabilitation will also be provided.
Mott MacDonald’s due diligence included reviewing potential technical issues and commercial implications arising from the project agreement and schedules. The consultancy also appraised the stakeholders’ competence, track record and capabilities, as well as the design solution, construction planning, capital and operating expenditure and lifecycle costing.
Burak Sencer, Mott MacDonald’s country manager for Turkey, said: “The Adana campus is part of the first wave of health public-private partnership projects which will strengthen the Turkish healthcare system. As well as monitoring construction, Mott MacDonald will also undertake audits for the lenders during the operational phase periodically.”
Construction of the Adana Integrated Health Campus is expected to take three years, followed by a 25-year concession period with the Turkish Ministry of Health.