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Fri April 16 2021

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Motts helps vast Turkish hospital campus reach financial close

15 May 15 Construction of Turkey’s €1.2bn (£840m) Bilkent Integrated Healthcare Campus is set to start as the project has reached financial close.

Mott MacDonald is lenders’ technical and environmental advisor for the public-private partnership (PPP) project and will now provide construction and operational monitoring services.

Bilkent Integrated Healthcare Campus covers an area of 1.2 million square metres and is believed to be the world’s largest greenfield healthcare scheme. It will provide 3,804 beds and parking for 7,209 vehicles. There will be more than 100 operating theatres and it is expected to treat around 35,000 patients per day and employ approximately 8,000 staff. A new office building will also be located on site for the Turkish Ministry of Health.

Mott MacDonald’s due diligence during the project’s financing stage included reviewing potential technical issues and commercial implications arising from the project agreement and schedules. The consultancy also appraised the stakeholders’ competence, track record and capabilities, as well as the design solution, construction planning, capital and operating expenditure, lifecycle costing and the project’s payment mechanism.

Burak Sencer, Mott MacDonald’s country manager for Turkey, said: “Bilkent is the third healthcare PPP financing in Turkey to reach financial close following Adana and Mersin. Mott MacDonald is technical advisor on eight projects in the overall programme.”

Construction of the Bilkent campus is expected to take three years, which will be followed by a 25-year concession period.

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