Madrid-based COFIDES is supporting Grupo Ortiz in the design, construction, provision and maintenance of the Bosa Hospital in Colombia.
To this end, it will acquire a shareholding percentage of up to 45 percent of the project company, Promotora Hospital de Bosa, and 45 percent of the subordinated debt, for a maximum amount of €11 million ($13 million).
The financing will come from COFIDES’ own resources and the Fund for Foreign Investment (FIEX). The total investment of this project is roughly €77 million ($91 million).
The city of Bosa only has one hospital with 60 beds, and that does not meet all the hospital needs of the area. The infrastructure that Grupo Ortiz will implement includes a plan to build four buildings that will expand the public health network with 215 new beds.
“Facilitating investment in the health sector is very important for COFIDES, especially at the present time, which has highlighted the need to support public-private coll
