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  • Gaziantep Health Campus Reaches Financial Close

    25 May 2017

    On May 16, 2017, Samsung has reached financial close on the Gaziantep Health Campus project.  The project is a Turkish PPP which comprises the construction of a 1867 bed hospital in Gaziantep, located in south-eastern Turkey. The integrated healthcare campus includes a general hospital other specialist services, including oncology, cardiovascular diseases, women’s and children’s health.

    Korea Eximbank, EIB and EBRD provided debt facilities for the €602 million project and construction is expected to take three years followed by a 28-year concession.

    On behalf of SMBC and the lenders and the sponsors, Operis was pleased to perform the audit of the financial model at financial close, including a full tax and accounting review.

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