Astaldi Group has secured a 20-year concession contract to build and operate the new Ospedale Metropolitano Occidente in Santiago, Chile.
Of the total investment, around €151m will be used for construction while the entire project will be funded through private funds. The investment will be recovered from around €500m of total concession revenues.
The ten-storey hospital will have a surface area of 120,000m² offering 523 beds and parking spaces for 599 cars.
The concession contract includes the design, financing, construction, operation of commercial and non-medical services, and supply and maintenance of electromedical equipment and furniture.
The project, commissioned by Chile's Ministry of Public Works, will be built over approximately 4.3 years, and operated by Astaldi for 15 years following its construction.
Astaldi Group has also built a new 680-bed hospital in Venice-Mestre, Italy and has been managing it since 2008.
The company is currently managing commercial and non-medical services for four hospitals in Venice-Mestre, Prato, Pistoia and Lucca in Italy. It is also constructing new hospitals in Massa Carrara and Naples in Italy.
In Turkey, Astaldi has signed a concession project to build and operate the 3,500-bed Etlik Hospital Campus in Ankara, the largest healthcare facility under construction in Europe.