News

Healthcare

Staff Reporter

, APAC

Published:

15 days ago

Photo from The European Bank for Reconstruction and Development website

Kazakhstan secures $394m financing package for Kokshetau hospital project

The project aims to provide services to over 730,000 people.

Kazakhstan has secured a $394m (€365m) financing package arranged by the European Bank for Reconstruction and Development to fund its first healthcare public-private partnership for the construction of a 630-bed multidisciplinary hospital in Kokshetau.

The financing will be provided to will be provided to a Kazakhstan-based subsidiary of Rönesans Holding of Türkiye. The private partner will be responsible for maintaining the facility and running a digital hospital information management system.

Turar Healthcare, a state-owned national healthcare provider, will provide medical services at the 110,000 m² facility.

The project aims to provide services to over 730,000 people in the city of Kokshetau and the wider region of Akmola.

€1 = $1.08

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