Turkey: Etlik Hospital

The rising demand and cost for health service delivery in Turkey is straining the national health system. In Turkey, health delivery systems are primarily government controlled, with public hospitals accounting for the largest percentage of overall healthcare spending. These public hospitals are as expensive as they are central to national healthcare delivery, and thus it is in the government’s best interest to optimize their efficiency and efficacy. 

To address these concerns, the European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC), and the Black Sea Trade Development Bank (BSTDB) helped the Etlik project reach financial close in mid-2015. It is among the first hospital PPPs to reach financial close in Turkey and will ultimately create an integrated hospital campus serving the greater Ankara area. Multilateral development bank (MDB) funding was essential to achieving financial close.

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