MANILA, Philippines – The Board of Investments (BOI) approved Monday Zashi Hog Farm, Inc.'s PHP61.8…
The P6-B UP-PGH cancer center project is approved by the NEDA Board.
A PHP6 billion cancer center will be built at the University of the Philippines (UP)-Philippine General Hospital (PGH) in Manila with the approval of the National Economic and Development Authority (NEDA) Board, which is presided over by President Ferdinand R. Marcos Jr.
This came about when Marcos presided over the third NEDA Board Meeting on Thursday at Malacaan Palace in Manila, according to a statement from Cheloy Garafil, Secretary of the Presidential Communications Office (PCO).
The first PPP (public-private partnership) project for the administration, a PHP6 billion, 300-bed hospital, received approval from the NEDA Board, according to Garafil.
According to Garafil, the project will offer a comprehensive spectrum of cancer therapies, including imaging, medical oncology, radio oncology, and support for the UP-teaching PGHs and research initiatives.
According to Garafil, the proposed cancer center will be situated on a 3,000-square-meter property on the UP-PGH campus in Manila.
According to her, the total structure will have a 300-bed capacity (150 charity beds for the UP-PGH Area and 150 private beds for the Private Area), 15 to 20 stories, 350 parking spaces, 1,000 square meters of commercial space, and space for three LINAC bunkers.
The entire new hospital facility will be designed, engineered, built, and put into operation by the UP-private PGH’s partner, who will also buy, maintain, and arrange for the regular replacement of medical and non-medical equipment, according to the spokeswoman.
Additionally, Garafil continued, “It will maintain all non-clinical services for the entire hospital building, run pertinent commercial ventures, offer clinical services to privately-paying patients in the private section, and assume all connected expenditures of clinical manpower, pharmaceuticals, and consumables.”
Garafil stated that the UP-PGH will provide the location free of charge, transfer the current equipment to the Cancer Institute, provide clinical services to charity patients who cannot afford to pay, bear all associated costs for clinical staff, drugs, and consumables, and engage in clinical teaching and research.
She said that the first PPP project is a component of the Marcos administration’s attempts to update the nation’s oncology services and cancer treatment system.
“The project intends to construct UP-dedicated PGH’s cancer hospital, which will update its healthcare infrastructure and provide comprehensive, excellent, and reasonably priced oncology services toward improving the quality and capacity of the country’s health services for cancer care,” she said.
According to the BOT Law, it will be designed as a 30-year Build-Operate-Transfer (BOT) arrangement and will be solicited from the general public through the submission of a bid, Garafil continued.
The BOT scheme is an arrangement that gives a private partner a concession to fund, construct, and manage a project over a specific period of time.
The project is then given back to the government agency that initially gave the concession after that time period.***
We appreciate your reading. 😊Simple Ways To Say Thanks & Support Us:
1.) ❤️GIVE A TIP. Send a small donation thru PayPal at https://paypal.me/SocialBoostVA😊❤️
Subscribers in the Philippines can make donations to mobile number 0917 906 3081, thru GCash.
2.) Be one of our SPONSOR and GET a website backlink. We can publish your PR stories, news articles, and company promotion for your products/services as additional exposure.
3.) 👍 Give this news article a THUMBS UP, and Leave a Comment (at Least Five Words).