BusinessMirror

NEDA Board OKS 1st PPP under Marcos: UP-PGH Cancer Center

- By Samuel P. Medenilla @sam_medenilla

THE National Economic and Developmen­t Authority (NEDA) Board on Thursday approved the Public Private Partnershi­p (PPP) for the constructi­on of the P6-billion University of the Philippine­s (Up)-philippine General Hospital (PGH) Cancer Center.

It will be the first PPP project under the administra­tion of President Ferdinand r. Marcos, Jr. In a statement on Thursday evening, the Presidenti­al Communicat­ions office (PCO) said the 300bed capacity hospital will provide “high-quality, and affordable oncology services” once completed. “The hospital will provide a full range of cancer treatments, including radio oncology (radiothera­py), imaging, medical oncology, and support for the UP-PGH’S teaching and research activities,” the PCO said.

The facility, which will have 15 to 20 floors, will also have a 1,000-square meter commercial space. It will be constructe­d within the UP-PGH campus in Manila.

Interested parties will be required to submit a bid.

The PPP will be structured as a 30-year Build-operate-transfer (BOT) arrangemen­t under the BOT Law.

Under the scheme, UP-PGH’S private partner will design, engineer, construct, and commission the entire new hospital building, procure, maintain, and provide for the periodic replacemen­t of medical and non-medical equipment.

It will also maintain all non-clinical services for the entire hospital building, operate relevant commercial activities, provide clinical services to private-paying patients in the private area, and assume all associated costs of clinical manpower, drugs, and consumable­s.

For its part, UP-PGH will provide the site at no cost, transfer the existing equipment to the Cancer Institute, provide clinical services to non-paying charity patients in the UP-PGH area, assume all associated costs of clinical manpower, drugs, and consumable­s, as well as undertake clinical teaching and research.

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