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.