European Bank for Reconstruction and Development helps finance new Turkish hospital
The European Bank for Reconstruction and Development (EBRD) has provided an $91 million loan to build a high-tech hospital in Gaziantep, Turkey.
Gaziantep is one of the oldest cities in the country and is highly populated. Rapid population growth due to an influx of refugees is creating demand for more health care facilities, according to a press release on the bank's website.
The new $683 million hospital is being built and maintained by South Korean investory. Turkey's Ministry of Health is partnering with the public to offer health care services as part of a program to build or expand hospitals around the country.
The new hospital is expected to open by 2020 and will have 1,875 beds, as well as general, women's and children's hospital areas, the release said.
Refugees in Turkey receive free medical treatment in public hospitals, as do residents, regardless of insurance coverage.
Organizations in this story
European Bank for Reconstruction and Development One Exchange Square London EC2A 2JN United Kingdom