Project Name Zimbabwe: Belvedere Private Hospital (Private) Ltd. (BPH)

Region Sub Saharan Africa

Sector Social Services (Health Care, Education)

Project No 009031

Projected Board June 30, 1998
Date

Company Name Belvedere Private Hospital (Private) ltd. (BPH)

Technical Partner and/or Major Shareholders

BPH is owned almost equally by 16 doctors (12 obstetricians, 4 pediatricians) with established private practices in Harare.

Project Cost including proposed IFC investment

The estimated project cost is US$1,540,000 and IFC is requested to provide an equity investment of US$352,000.

Location of project and Description of site

The project is located in the Harare suburb of Belvedere.  The site, which is about 3,500 sq. meters, consists of an old residence which has been converted to a nursing home.  The new clinic is being built on the site and adjoins the old building.

Description of Company and Purpose of Project

BPH owns the 18 bed Belvedere Maternity Home.  Due to growth in demand, and in order to provide theatre facilities for its patients, BPH is building a new single story clinic which will have 40 ante/post natal beds, 2 theatres and 4 delivery wards.  The old building will be converted into an outpatient unit and same-day procedures center.

Environmental Category and Issues

This is a category B project according to IFC’s environmental review procedure.  Environmental, health and safety issues include handling and disposal of medical materials; disposal of medical and bio-hazardous wastes; disposal of liquid wastes and sewage; power and water supply including fuel storage if applicable; hygiene and implementation of good hospital management practices; CFC-free air conditioning and cold storage equipment; employee health and safety training; and fire protection and safety.  IFC reviewed detailed information provided by the sponsor regarding environmental management and proposed mitigation measures.  All medical and bio-hazardous wastes will be collected by a private waste disposal firm for incineration.  The standby generator will be equipped with a secondary containment structure for the fuel tank.  The hospital will operate on established standards of hygiene and good management practices laid down by the Zimbabwe Public Health Act and enforced by the Ministry of Health and City Health Department.  All employees will be trained in these practices.  The sponsor has agreed to comply with all relevant World Bank fire safety guidelines.  A desk review of the detailed hospital plans will be conducted by a fire safety expert prior to disbursement of IFC funds, to ensure that the facility conforms to World Bank guidelines.     

The Environmental Review Summary is expected to be available on or about May 5, 1998, from the Public Information Center.

Date SPI sent to PIC May 1, 1998


“This summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporation’s Board of Directors.  It is provided for the purpose of enhancing the transparency of IFC’s activities and should not be construed as presuming the outcome of IFC Board consideration.”

For Additional Information contact:  Corporate Relations Unit
Telephone:  (202) 473-7711
Facsimile: (202) 974-4384
Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).