BRASILIA – Inter-American Development Bank (IDB) President Ilan Goldfajn and Brazil's Mato Grosso do Sul State Governor Eduardo Riedel today announced a collaboration to design a public-private partnership (PPP) operation that includes the manufacture and acquisition of equipment to meet demand for medium- and high-complexity healthcare. It will feature a modern management model based on best practices applied by the private sector in the operation of health services in Latin America and the Caribbean.
The project aims to attract R$1 billion in private investments to build a hospital complex in Campo Grande, the state’s capital.
The announcement took place during the Brasil Investment Forum, an event to present investment opportunities in Brazil in key areas for the country's development, such as infrastructure, energy transition, food security, and sustainable agriculture, among others. PPPs, a key instrument to leverage these investments, were a major topic of debate at the event panels.
The IDB will provide technical, financial, environmental, and legal studies to ensure that the project meets the needs of the State and is attractive to private players.
President Goldfajn stressed the importance of promoting synergies between the public and private sectors to improve the availability of infrastructure. “We are bringing the best in contract models in the region to ensure that the Mato Grosso do Sul initiative stands out on the national and international scene as a symbol of innovation, fiscal responsibility, social and environmental sustainability, and efficiency in the application of public resources," he said.
Governor Riedel pointed out that “The government of Mato Grosso do Sul has had a successful performance with PPPs, in an innovative fashion that places the State as a reference in the country.”
The IDB has extensive experience in structuring PPPs in the health sector, including projects in Peru and in the Brazilian states of Rio Grande do Sul and Santa Catarina. This new project will strengthen its PPP structuring operations in the country, adding to its broad program of support for the government at the federal, state and municipal level.
About the IDB
The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research and provides policy advice, technical assistance and training to public- and private-sector clients throughout the region. Take our virtual tour.
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