New Hospital 115 to be built in PPP format

New Hospital 115 to be built in PPP format

Hoang Nhung

HCMC – The government of HCMC has given the nod to Van Thinh Phat Investment Joint Stock Company to map out a plan to build a new Hospital 115 in the public-private partnership (PPP) format to replace the existing Hospital 115 which has deteriorated.

Hospital 115 has 1,600 beds and nearly 1,700 staff. The public hospital often faces overload as it serves 4,000-6,000 patients a day.  

In late 2016, the Ministry of Health suggested the hospital seek the municipal government’s approval to build a new facility to improve services and meet Joint Commission International (JCI) standards.

The city has allowed Hospital 115 to team up with Hoa Lam Investment Development Corporation to provide well-trained health workers for Hoa Lam International Hospital to receive patients from Hospital 115.

In addition, the city has approved Mekong Tourism Service Corporation’s project to build Saigon International General Hospital with 90 beds at 124 Tran Quoc Thao Street, District 3. This VND1-trillion hospital will get off the ground in late 2017 and get ready by 2020.

The city has approved six other PPP hospital projects, including treatment zone 2 of Nguyen Tri Phuong Hospital, District 5 Hospital, Saigon General Hospital, District 7 Hospital, District 3 Hospital and Tan Phu District Hospital upgrade.

As of April 2017, the city had had 114 PPP projects with total capital estimated at VND131.7 trillion (over US$5.78 billion), of which healthcare projects accounted for over VND5 trillion.

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