Chile’s Socialists Cancel Social P3s

As Chile’s economy slows and demands for social services increase, a heated debate is taking place within the new Socialist government over P3 hospital concessions. With thoughts that public hospitals should be built with public money and questions about the efficiency of P3 hospitals, the Audit Office has cancelled three P3 hospital deals that were up for final government approval, including a US$390-million 710-bed deal for the Sotero del Río health complex, won last spring by a Ferrovial/Meridiam team.

 

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About Bill Reinhardt

Editor of Public Works Financing newsletter
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