Turkey: EBRD finances hospital in Istanbul

The European Bank for Reconstruction and Development (EBRD) has signed a €40m (US$47.4m) long-term loan, of which €30m is committed to the private developer of the Başakşehir Çam ve Sakura City Hospital on the outskirts of Istanbul. The €1.6bn hospital, one of the country’s largest, was built under a public-private partnership (PPP) in the Istanbul…

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