Hospital Leri Frizza

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The Project involves the construction and operation of the Hospital Leri Frizza in partnership with Mount Sinai Hospital in New York, a new tertiary level hospital with 175 beds (expandable to 240) to be located on a 10-hectare site owned by Hospital Leri Frizza in the city of Asunción, Paraguay, with approximately 44,983 m2 of construction that will include state-of-the-art equipment and technology. In addition, a new Prepaid Medicine company will be created whose members will be treated at the new hospital.The cost of the project is estimated at approximately US$250 million and will be financed by a combination of equity contribution, IDB Invest debt financing (up to 40% of the project costs in the case of IDB Invest's direct participation), and third-party financing.The Hospital Leri Frizza in partnership with Mount Sinai Hospital in New York, will offer Paraguay and the entire region a high level of medical services, infrastructure, equipment, and highly trained and qualified medical personnel for the care and well-being of the population.