Financial close achieved for New Bosa Hospital PPP in Bogota

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

Grupo Ortiz and Incot SAC, the companies responsible for the development of the New Bosa hospital complex in Bogota, have achieved financial close for the concession. Itaú and Bancolombia have provided the consortium with an 8-year loan of COP260 billion (US$69.27 million) for the financing of the concession. The loan is structured on mini-perm financing, which is a hybrid scheme characterized by financing with a long-term vocation that promotes refinancing in the medium term.

Once operational, the hospital complex will feature 215 beds including 135 beds for internal medicine, 60 beds for surgical services, 12 beds for intensive care for adults, and 8 beds for intermediate care for adults as well as facilities to cater to chronic patients with cardiovascular diseases, kidney disease, diabetes, and osteoarthritis. The hospital is expected to become operational by end of 2023.

List of the country updates

Country updates

  • July 05, 2021

    Financial close achieved for USD742 million River highway PPP project in Colombia

    Colombia's 4G Autopista al Río Magdalena highway 2 project has achieved financial close by securing financing of COP2.8 trillion (USD742 million) from three different tranches.

    Read more
  • June 25, 2021

    Concession contract signed for USD322 million road PPP project in Colombia

    National Infrastructure Agency (ANI) in Colombia has signed a concession contract with PRC-MC Plural Structure for the New Malla Vial del Valle del Cauca: Accesses Cali-Palmira.

    Read more
  • June 22, 2021

    Rumichaca - Pasto highway viaduct to be operational soon

    National Infrastructure Agency (ANI) in Colombia has announced that 99% of works for the 260 meters long Boquerón viaduct have been completed, and it is expected to be operational in the coming...

    Read more
  • June 22, 2021

    Colombian government to support Bogota Metro

    The government of Colombia has announced a commitment to support the development of Bogota Metro Line 2, despite the hardship caused by the corona pandemic. The project is expected to boost the develo...

    Read more
  • June 22, 2021

    New loan for Pacifico Connection 1 in Colombia

    The concessionaire, Concesionaria Vial del Pacífico (Covipacífico), has received a loan of US$143.12 million from the international banks to continue advancing in the execution of the Pa...

    Read more

Share this update