Multilateral development bank the New Development Bank (NDB) and South Africa have signed two loan agreements to support the Limpopo Central Hospital and Magalies Bulk Water Supply Scheme projects, says National Treasury.
The combined $405-million loans advance South Africa’s sustainable infrastructure priorities.
A $200-million loan agreement will finance the Limpopo Central Hospital project, which will be a new 488-bed tertiary central hospital, in Polokwane.
The investment is aimed at strengthening tertiary healthcare services, expanding access to quality medical care, and improving health outcomes for the people of Limpopo.
The new hospital will provide modern, resilient and patient-centred healthcare infrastructure equipped with advanced diagnostic, treatment and IT systems.
