Page 30 - U4SSC Compendium of practices on innovative financing for smart sustainable cities projects

• A2 and A1B bonds - maturity: 2036

Observations

• The construction process was successfully completed ahead of schedule due to a proper
construction management approach and tools.
• The SPV, EPC-C and FMCo worked in coordination, enabling a smooth transition from
construction to operation with grantor/end-user satisfaction.

• Ensuring the mobilization on site of administration staff responsible for the operations allowed
for the interaction between key stakeholders at the early stage, which proved beneficial for the
project and provided an opportunity to improve end-user satisfaction more efficiently.

Figure 4: Elaziğ Fethi Sekin city hospital (Turkey)

18 Compendium of practices on innovative financing for SSC projects | January 2023