US$ 1.5 billion Turkish health campus has reached financial close

The US$1.5 billion Ikitelli integrated health campus public-private partnership (PPP) project in Istanbul, which, once complete, will be the world’s largest health campus built on seismic isolators, has reached financial close.

Mott MacDonald was lenders’ technical, environmental, and social advisor during financing, and will now monitor construction and operations.

 

With a 2,682-bed capacity covering some one million square metres, the campus will combine general and psychiatric hospitals with special units for neurology and orthopaedics, maternity and children, cardiovascular, oncology, and physical therapy and rehabilitation. Construction is expected to be completed in 2021. 

Burak Sencer, Mott MacDonald’s country director for Turkey, said: “Ikitelli will offer improved health services to a large proportion of Istanbul’s population, and contribute to the economic development of the Ikitelli district. It is the ninth health campus in Turkey that we have helped reach financial close.” 

Ikitelli forms part of a wider ¤10 billion, 26,000-bed health transformation programme in Turkey, which includes the delivery of over 20 health campuses via PPP schemes. 

 

Other news

BIM milestone achieved

Upcoming Events

IHEEM Authorising Engineer Conference

Cranmore Park Conference and Exhibition Centre
14th March 2018

2018 HEFMA Leadership Forum

Cotswold Waterpark Hotel
10th - 11th May 2018

Design in Mental Health Conference 2018

The National Motorcycle Museum, Coventry Road, Bickenhill, Hampton in Arden, Solihull B92 0EJ, UK
15th - 16th May 2018

HEALTH+CARE

ExCeL London
27th - 28th June 2018

IHEEM 2018

Cardiff City Stadium, Leckwith Road, Cardiff, CF11 8AZ
6th - 7th September 2018

Latest Issue

Health Estate Journal

Health Estate Journal

Jan 2018

Your medical gas system ‘in safe hands’

Register now to apply for regular copies of Health Estate Journal and free access to premium content, as well as our regular newsletters.