BNDES, IFC advise new healthcare PPP

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Brazilian development bank BNDES and the IFC have signed a technical co-operation agreement for the development of a healthcare PPP in Pernambuco.

BNDES and the IFC will work with the municipal government of Jaboatão dos Guararapes under an agreement signed on Tuesday (23 November).

The proposed PPP will involve the construction, kitout, and maintenance of basic healthcare centres (Unidades Básicas de Saúde). The concessionaire will also be responsible for certain support services, with core medical services provided by the health ministry.

The estimated investment for the proposed PPP is R$250 million ($45m).

BNDES and the IFC will develop legal, financial and technical feasibility studies and subsequently advise the municipal government during the bidding process.

Bernardo Tavares, principal investment officer at the IFC, said: “The partnership with Jaboatão dos Guararapes will open doors for a range of municipalities in Brazil to implement PPPs in the health sector.

“This project will enable important investments in infrastructure that are fundamental for serving the population, greater efficiency, and improved management. And it will allow municipal governments to fulfil their mission of promoting citizen wellbeing.”

BNDES has previously worked with Jaboatão dos Guararapes on a public lighting PPP, currently under public consultation and due for auction in Q1 2022.