The regional government of Piedmont (north-west Italy) has invited developers to attend a public presentation on a public-private partnership (PPP) for the implementation of the Novara New Teaching and Research Hospital, with a total investment of over EUR320 million (US$361.5 million).
Of the total investment, EUR219.64 million (US$248.12 million) will be provided by the private partner, while the remaining EUR100.65 million (US$113.70 million) will be covered by public funds.
The new hospital will be located on a 324,300 sqm site in the south of Novara. It is planned to have five floors, which will house 130,287 sqm of hospital space, a 14,666 sqm university facility, a 13,411 sqm mother and child medical centre, a 12,435 sqm services building and a 1,209 sqm business incubator.
The complex will accommodate the Medicine School, Department of Health Sciences (DiSS) and Department of Translational Medicine (DiMET) of the University of Eastern Piedmont. Construction is expected to take four years, with the PPP contract to be 26 years in length.
The presentation is being held in Novara on 28 February 2019.
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