Project Description
IFC will provide transaction advisory support to the Government of Bangladesh to assist in the development of a greenfield secondary care hospital with special focus on geriatric care in the city of Sylhet, Bangladesh. The project involves the design, construction, operation and maintenance of the healthcare facility as well as some ancillary activities for the elderly, under a Public Private Partnership arrangement with a competitively selected private sector partner. IFC will conduct its mandate in two phases. In phase one, IFC will carry out the technical, commercial, legal and regulatory due diligence for the project and will present the proposed transaction structure to the Government of Bangladesh. During phase two, IFC will assist the Government, upon approval of the transaction structure, in implementing an open and transparent competitive bid to select a private partner for the project.