Project Information
Project description:

Design, build, finance, maintain and operate two hospitals and a blood bank in Alexandria:

- construction of a new 200-bed gynecology/obstetrics University Hospital to be located as part of a new hospital complex which will also include a new pediatric and a new emergency hospital at the Smouha hospitals complex;

- construction of a new blood bank at the Smouha hospitals complex;

- construction of a new 223-bed hospital near the existing Mowassat Hospital for the provision of highly specialized care services: a neuro-center, and a urology/nephrology (including kidney transplants) center. 

Related headlines:
28/09/2012 - Financial close for first Egypt PPP in January
04/05/2012 - IFC backs Egypt's first hospital PPP
19/04/2012 - Design contract awarded for Egypt's first health PPP
23/03/2012 - Winner for Egypt's $220m hospital
21/10/2011 - Alexandria hospital to award in December

Type: PPP
Sector: Health
Region: North, West, East and Central Africa
Current status: Preferred Bidder - 23/03/2012
Contract Terms
Duration: 20 years
Capital value: US$220.00m
Public Sector Procuror Details
Authority/Commssioning body: The Egyptian Government
Public sector contact: Atar Hanourah
Central Public Private Partnership Unit
Tel: +202 23421283
Private Sector Details
Consortium name: Arab Academy consortium
Private sector shareholders: Albareek Investments - Shareholders
DETAC Contracting (Dar for Trading and Construction) - Shareholders
G4S - Shareholders
Siemens - Shareholders
Private sector sub-contractors: Keppie Design - Architects
Private sector debt-providers: Commercial International Bank (CIB) - Debt Providers
HSBC - Debt Providers
Private Sector Shortlist
Consortium name: Orascom /Hassan Allam /Gemmo /IT Ventures
Private sector shareholders: Orascom Construction Industries (OCI) - Shareholders
Hassan Allam Sons - Shareholders
Gemmo - Shareholders
IT Ventures - Shareholders

This page was last updated on:
2 October 2012.


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