June 23, 2020
After delays due to the COVID-19 crisis, the Chilean Ministry of Public Works has announced that a group of hospital projects in the Maule region, the first of ten hospital group projects to be tendered and developed under Chile’s new hospital infrastructure concession program, will be awarded by the end of the second quarter of 2020. The Program encompasses the construction and supply of medical and non-medical equipment for a total of 18 hospitals with an overall capex of approximately US$2 billion. The Program has been divided into ten groups of one or more hospitals which will be tendered separately over the next few years. Each hospital group will be tendered as a package, and there is no limit to a sponsor being awarded more than one group of hospitals; a circumstance which could allow for portfolio financings, including bond financings.