Business Area Breadcrumb Connector COFIDES loan Los Ríos-Los Lagos Network, Chile

COFIDES - Los Ríos-Los Lagos Network, Chile

20th March, 2024

Building
Equipment
Maintenance
Health

COFIDES, the Spanish organization that promotes the development and growth of Spanish companies, is backing the Spanish multinational Eductrade by granting it a loan to finance and develop the Los Ríos-Los Lagos Network hospital project.

 

On Wednesday 20 March 2024, COFIDES signed a loan to Eductrade for more than 10 million euros, aimed at financing and developing the project to build the Los Ríos and Los Lagos Hospital Network in Chile.

Loan: 10.6 M €

 

Two representatives of COFIDES, Miguel Ángel Landero, Corporate Director of the Investment Department, and Ana Cebrián, Director of Internationalisation, visited our offices to formalise an agreement to finance our capital in the project.

This project, awarded by the Chilean Ministry of Public Works, consists of the construction and operation of the public works, together with GIA+A, for an amount of 270 million euros.

The Hospitals

  • Los Lagos Hospital (15,000 m2).
  • La Unión Hospital (36,000 m2).
  • Río Bueno Hospital (43,000 m2).
  • Puerto Varas Hospital (59,000 m2).

About the project

The construction of these four hospitals will serve more than 290,000 people. The contract includes 15 years of infrastructure maintenance and management of medical equipment and furniture (clinical and non-clinical).

About COFIDES

COFIDES is a Spanish financial institution that operates in the field of development in various ways:
  • It promotes the internationalisation of the Spanish economy and companies.
  • It contributes to the sustainable development of developing and emerging countries.
  • It finances private projects abroad in the medium and long term.
  • It manages FIEX (Fund for Investment Abroad) and FONPYME (Fund for Investment Operations Abroad by Small and Medium-sized Enterprises).
  • It provides support to the Ministry of Foreign Affairs and Cooperation through AECID.
  To learn more about this project, click here.