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4 Health - Elaziğ Fethi Sekin city hospital (Türkiye)
Size of investment: USD 400 million (2020 prices)
Start date: 2016
End date: 2018
Project stage: maintenance
Project partners
• Public partners:
o Turkey Presidency of Strategy and Budget (Project Assessment for PPP Approval by the
President - evaluated feasibility of the project)
o Ministry of Health (developed the project, conducted the project tender and signed a contract
with the assigned company as a result of the tender. During project execution, monitored
project performance, negotiated with the Special Purpose Vehicle (SPV) as necessary, and
made the rental payments to the SPV.)
o Provincial Health Directorate (approved monitoring of hospital operation and payments)
o Ministry of Treasury and Finance (involved in the assessment of the project and the loan
financing process of the SPV and necessary financial support)
o Ministry of Environment and Urbanization (evaluated environmental aspects)
o Provincial Directorate of Environment and Urbanization (evaluated environmental aspects)
o City Revenue Office Governorship Municipality (makes the payments to the SPV)
• Private partners: (contracts signed with the following companies for the execution of the
investment and operation phases of the project)
o SPV (ELZ Sağlık Yatırım A.Ş.)
o Facility Management Company - Rönesans İşletme Hizmetleri A.Ş.
o EPC-C (Engineering Procurement Construction - Contractor - Rönesans Medikal İnşaat A.Ş.)
o Subcontractor of the FMCo and EPC – CRS Ticari Yatirim A.Ş.
• SPV received consultation from the following:
o LTA (Mott Mac Donald)
o Legal Advisor Company
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