KFMC Radiology (IFC-601774)

Countries
  • Saudi Arabia
Where the impacts of the investment may be experienced.
Specific Location
Greater Riyadh region
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Feb 7, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Saudi Arabia
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Aug 13, 2018

Disclosed by Bank Jan 3, 2018


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Project Description

IFC will provide transaction advisory support to the Ministry of Health ("MoH") of the Kingdom of Saudi Arabia ("KSA") to assess the feasibility of a pilot PPP project for a network of public radiology centers located in Riyadh and the greater Riyadh region. The project is expected to contribute to improved imaging services being accessible to patients at public hospitals in the Greater Riyadh region. Additionally, more rural and remote areas will also be able to benefit from health service that is currently mainly available only in urban areas. The project will also remedy the shortage of skilled radiology experts, which exists throughout the country.

Investment Description
  • International Finance Corporation (IFC)
Contact Information

*Contact details not provided at the time of disclosure*

ACCOUNTABILITY MECHANISM OF IFC

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