Project
Başakşehir Çam and Sakura City Hospital (İkitelli)
TürkiyeHealthcare Infrastructure, Hospital
Major Istanbul city hospital delivered as a Ministry of Health PPP. It is sponsored by Rönesans Holding (69.98%, via Rönesans Sağlık Yatırım A.Ş.) and Sojitz (30.0%, via Sojitz Hospital PPP Investment B.V.), with financing from lenders including JBIC, SMBC, MUFG and Standard Chartered.
Status
OperationalStatus
Scale & Capacity
1,000,000 m²Total Area
2,755 bedsBed Capacity
Overview
- Location
- Başakşehir (İkitelli), Istanbul, Türkiye
- Delivery Model
- Build-lease-transfer PPP under Law No. 6428
Participants & Roles
Investor / Shareholder
- Rönesans Sağlık Yatırım A.Ş.69.98% shareholding
- Sojitz Hospital PPP Investment B.V.30.00% shareholding
- Rönesans Holding0.02% shareholding
Project Company / SPV
- Istanbul PPP Sağlık Yatırım A.Ş.Project company and borrower
Government Entity / Grantor
- Ministry of Health - TürkiyeContracting authority
Lender / Financier
- Standard Chartered BankLender at financial close (July 2017)
- MUFG Bank, Ltd.Lender at financial close (July 2017), as The Bank of Tokyo-Mitsubishi UFJ, Ltd.
- Sumitomo Mitsui Banking Corporation (SMBC)Lender at financial close (July 2017)
- Japan Bank for International Cooperation (JBIC)Lender at financial close (July 2017)
EPC Contractor
- RMİ Rönesans Medikal Taahhüt İnşaat A.Ş.EPC contractor
O&M Contractor
- RSM İşletme Hizmetleri Danışmanlığı A.Ş.Facility management company (FMCo) / services provider
Sources
- InfraLex Türkiye V1 research corpusOther