Owned by 186 member countries and consistently rated AAA/Aaa. IFC aims to achieve our mission of promoting development by providing debt and equity to the private sector, through a range of benchmark and bespoke products.
Estimated Total Budget Pending (Project budget includes all project-funded activities)
Last Updated Date
Jun 30, 2024
Project Estimated Start Date
Apr 1, 2017
Project Estimated End Date
Apr 30, 2018
Project Description
IFC will provide transaction advisory support to the Ministry of Health ("MoH") of the Kingdom of Saudi Arabia ("KSA") to assess the feasibility of a pilot PPP project for a network of public radiology centers located in Riyadh and the greater Riyadh region.
Development Results
The project is expected to contribute to improved imaging services being accessible to patients at public hospitals in the Greater Riyadh region. Additionally, more rural and remote areas will also be able to benefit from an important health service that is currently mainly available only in urban areas. The project will also remedy the shortage of skilled radiology experts, which exists throughout the country.
Indicator
Calendar Year 2019 Results
Cumulative Results as of 2019
Number of agreements (concession, etc.) signed
Not Available
Not Available
Number of bids conducted
Not Available
Not Available
E&S Risks / Impacts and Mitigation
Performance Standard
Description & Potential Impact
Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team will screen this project to assess consistency with IFC's Performance Standards.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards. An update on the mitigation measures will be provided when the project has been awarded and the relevant contracts have been signed.
PS 2. Labor and Working Conditions
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team will screen this project to assess consistency with IFC's Performance Standards.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards. An update on the mitigation measures will be provided when the project has been awarded and the relevant contracts have been signed.
PS 3. Resource Efficiency and Pollution Prevention
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team will screen this project to assess consistency with IFC's Performance Standards.
FC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards. An update on the mitigation measures will be provided when the project has been awarded and the relevant contracts have been signed.
PS 4. Community Health, Safety and Security
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team will screen this project to assess consistency with IFC's Performance Standards.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards. An update on the mitigation measures will be provided when the project has been awarded and the relevant contracts have been signed.
Press-Release
Additional Documents
Similar Projects
This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
The map is for illustrative purposes and does not imply the expression of any opinion on the part of the World Bank, concerning the legal status of any country or territory or concerning the delimitation of frontiers or boundaries. Country borders or names do not necessarily reflect the World Bank Group's official position. In some cases, available project location information is limited to the country of the project's activities. Locations are approximate.