Market sounding for Uzbek Fergana Hospital PPP
The government of Uzbekistan is undertaking a Public-Private Partnership (PPP) project for the financing, designing, construction, equipping and maintenance of a 800 bed multi-profile hospital in Fergana region of the republic. IJGlobal has more details.
The DBFM/PPP project is estimated to cost over $100 million and might have a debt/equity ratio of 80:20, a source close to the situation told IJGlobal.
A market sounding is slated for 30 June 2023, with the formal prequalification process expected to be launched by September (2023).
International Finance Corporation (IFC) has been retained as the lead transaction advisor to assist the government in selecting a private partner through the competitive tender process.
Specialized consultants for the project are:
- PricewaterhouseCoopers (PwC)
- Dentons Europe LLP
The tender will be conducted in stages:
- Stage 1: Private companies will be required to submit prequalification applications
- Stage 2: Prequalified companies will submit technical and financial proposals
A RFQ will be launched in September (2023) and will last approximately 2 months. An RFP process may follow in November or December (2023) and is expected to reach commercial close earliest in April 2024, said the source.
The government will sign a long-term PPP agreement of about 20 – 25 years with the winner bidder, shows the announcement from the Ministry of Health and the Ministry of Economy and Finance from last Friday (26 May 2023).
Qualified interested parties can check the announcement here.
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