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20 July 2010 - Gide Loyrette Nouel advised IFC and the Government of Andhra Pradesh on a pilot PPP project in healthcare services in four public hospitals in the State of Andhra Pradesh, India:
Gide Loyrette Nouel (GLN) advised the IFC, a member of the World Bank Group, and the Government of Andhra Pradesh, India, for the structuring and implementation of a pilot PPP project to enable four public hospitals to offer advanced diagnostics services, such as MRI and CT Scan, to low and middle income individuals.
This public-private partnership will help the State of Andhra Pradesh to enhance public service delivery in the health sector by expanding access to affordable and high quality healthcare services for its citizens.
The scope of the private sector's responsibilities covers supplying and financing the equipment, including MRI and CT Scan, building or up-grading the radiology facilities and maintaining them, as well as providing high-end radiology services, in four public hospitals in the towns of Kurnool, Vishakhapatnam, Kakinada and Warangal.
GLN's scope of work included legal due diligence, project structuring, drafting of the tender documents and the project agreements, as well as assistance to the Government for the tendering and signing of the concession agreement. IFC acted as lead transaction advisor to the Government. Following this mandate, GLN will assist IFC and the Government of Andhra Pradesh in developing a comprehensive policy framework for public-private partnerships in the local health sector. The framework will aim at designing project structures and delivery processes that enhance performance of the public health and medical systems, improving the availability of quality healthcare in the state, especially to low and middle income people.
GLN's transaction team was led by partner John D. Crothers, assisted by Gregoire Lemiesle and Deborah Behar, associates. GLN was assisted on all Indian law issues by Crawford Bayley in Mumbai.
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