PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

599464

Primary Business Area

Public-Private Partnerships Transaction Advisory

Disclosure Date

May 9, 2013

Country

Bangladesh

Region

South Asia

IFC Approval Date

Apr 1, 2013

Status

Completed

Estimated Total Budget

$335,524.00
(Project budget includes all project-funded activities)

Last Updated Date

Jul 2, 2019

Project Estimated End Date

Apr 15, 2014

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.

Development Results