Rio awards debut healthcare P3

Credit: B3

The City of Rio de Janeiro has announced a winner for its Souza Aguiar hospital P3 project.

Sole bidder Smart Hospital consortium won the auction, bidding a discount of 3%, the city said.

Under the plans, the private partner will deliver the hospital in downtown Rio, investing over $170m over a 30-year concession.

Daniel Soranz, municipal secretary of Health of Rio de Janeiro, commended the project's legal and finance certainty, praising the model for its “efficiency and ease for the public administration”.