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Estimated Total Budget Pending (Project budget includes all project-funded activities)
Last Updated Date
Feb 23, 2018
Project Estimated Start Date
Nov 1, 2017
Project Estimated End Date
Apr 30, 2019
Project Description
IFC will provide transaction advisory support to the Philippine General Hospital for the structuring and tender of a PPP project for the construction and operation of a new cancer facility associated with PGH. IFCs role shall be to facilitate an open, competitive tender, following IFCs standard governance for PPP transaction structuring.
Development Results
The objective of the project is to conduct a transparent and competitive tender process to mobilize private sector financing and expertise in the design, construction, equipping, operation and maintenance of a new cancer hospital within the PGH complex and improve access to affordable health care for cancer patients in the Philippines.
Indicator
Calendar Year 2020 Results
Cumulative Results as of 2020
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completed
Not Available
1
Number of reports accepted by client
Not Available
1
Number of agreements (concession, etc.) signed
Not Available
Not Available
Number of bids conducted
Not Available
Not Available
Number of successful bids
Not Available
Not Available
Value of financing facilitated (US$)
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
"IFC is in the process of monitoring the project to assess consistency with IFC's Performance Standards."
"IFC team continues to provide advice consistent with relevant Performance Standards and has made recommendations for appropriate mitigation measures".
PS 2. Labor and Working Conditions
"IFC is in the process of monitoring the project to assess consistency with IFC's Performance Standards."
"IFC team continues to provide advice consistent with relevant Performance Standards and has made recommendations for appropriate mitigation measures".
PS 3. Resource Efficiency and Pollution Prevention
"IFC is in the process of monitoring the project to assess consistency with IFC's Performance Standards."
"IFC team continues to provide advice consistent with relevant Performance Standards and has made recommendations for appropriate mitigation measures".
PS 4. Community Health, Safety and Security
"IFC is in the process of monitoring the project to assess consistency with IFC's Performance Standards."
"IFC team continues to provide advice consistent with relevant Performance Standards and has made recommendations for appropriate mitigation measures".
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.
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