EIB considers financing Wilhelmine Hospital PPP in Austria
The European Investment Bank (EIB) is mulling financing the Wilhelmine Hospital public private partnership (PPP) project in Austria. To be more specific, the EIB has plans to provide approximately €55 million (US$62.6 million) for the project.
The project involves the construction and refurbishment of parts of the Wilhelmine Hospital under a PPP scheme. Non-clinical services will be spatially consolidated at the premises of the existing hospital.
The project is part of a hospital programme within the 2030 Vienna Hospitals Concept, under which the Vienna Hospital Association (KAV) is responsible for procuring four individual projects at the locations Wilhelminenspital, Kaiser-Franz-Josef Spital and Krankenhaus Hietzing.
The hospitals managed by the KAV have already reached an average age of 80 years and five locations are even over a hundred years old. The aim of the 2030 Vienna Hospitals Concept is to provide efficient, state-of-the-art medical services for the citizens of Vienna.
The new hospitals will replace some of the current aging hospital facilities. It is expected that the projects will enable a significant modernization and economical operation of healthcare delivery as well as a balanced distribution of beds and services within the city.
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