📋 Tender Overview
Location: Kazakhstan
Project number: 54204
Business sector: Municipal and environmental infrastructure
Notice type: Private
Environmental category: B
EBRD Finance Summary: EUR 110,000,000.00
Total Project Cost: EUR 467,000,000.00
Project Description
The provision of senior debt financing for the design, construction, outfitting and maintenance of a 630-bed multidisciplinary hospital in Kokshetau, Kazakhstan (the "Project") to be undertaken by Renell Kokshetau LLP (the "Project Company") under a 7-year public private partnership (PPP) contract signed with the Republic of Kazakhstan on 22 December 2022.
Project Objectives
The Project aims to (i) replace obsolete hospital infrastructure and medical equipment in Kokshetau; (ii) support delivery of seamless healthcare experience and increase the availability and quality of medical services provided; (iii) create new workplaces during both the Project's construction and operation phases; and (iv) have a positive multiplicative effect on the economy through a better healthcare provision.
Transition Impact
ETI score: 80
The Transition Impact is expected to derive from "resilient" and "green" transition qualities.
The Project will be the first internationally funded PPP in the healthcare sector in Kazakhstan and to be governed by the Law on PPPs, testing the legislative framework for healthcare facility management in Kazakhstan.
The Project's design is in line with sustainable construction certification principles from one of the leading international schemes (e.g. LEED, EDGE), including identification of critical key performance indicators.
