INQUIRER's THE BUZZ - Hospital PPP
Infrastructure holding firm Metro Pacific
Investments Corp. has purchased bidding documents for the 700-bed
specialty orthopedic hospital to be located within the National Kidney
and Transplant Institute compound along East Avenue, Quezon City, but it
looks like the group of businessman Manuel V. Pangilinan will take a
raincheck.
Industry sources said the group realized
that it was better to stick to its strategy of investing in existing
hospitals and unlocking efficiencies from them than building new ones.
“The building of greenfield hospitals is not part of our expertise yet,”
said a source from the MVP group.
The government intends to bid out the
$135.5-million greenfield orthopedic project on April 26 under the
public-private partnership (PPP) framework. The winning bidder will
design, build, finance, operate and maintain the facility for a 25-year
concession period and then transfer the hospital to the Department of
Health.
But another listed company plans to try its
luck, especially after winning an earlier PPP project involving the
construction of school-buildings. Industry sources said Megawide
Construction—led by entrepreneurs Michael Cosiquien and Edgar
Saavedra—would team up with a local healthcare expert to vie for this
project.
Another strong contender is the Campos group via the Unilab-Mount Grace Hospital Ventures consortium.
The Department of Health earlier announced
that other groups that had earlier purchased bidding documents were GE
Health Care General Electric Philippines Inc., Sta. Clara International
Corp., Philips Electronic and Lighting Inc. and Data Trail Corp.
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