French infrastructure fund manager Meridiam, South Korea’s Samsung, and Turkish companies Rönesans and Istanbul Asset Management are investing €803m in Gaziantep City Hospital, a new public-private-partnership project developed under the Ministry of Health national healthcare programme in Turkey.
Meridiam said the deal was part of its global strategy to invest in sustainable and critical public-services infrastructure and would reinforce its footprint in the Turkish healthcare sector.
Meridiam already owns four Turkish hospitals in Adana, Bursa, Elazig and Yozgat, and the latest investment will increase its total bed capacity to 6,300 in the country.
When completed, at the end of 2024, the hospital complex is expected to be one of the country’s most significant healthcare facilities.
It will comprise seven hospitals with dedicated units for general, intensive, oncology, children and psychiatric care, with a total bed capacity of 1,875.
Gaziantep City Hospital will also seek gold certification under green-building rating system Leadership in Energy and Environmental Design (LEED).