The ETZ hospital group has entered financing agreements with the European Investment Bank (EIB) and BNG Bank for the modernisation of its hospital in Tilburg, the Netherlands.
A clinical training hospital in the Central Brabant region, ETZ provides a variety of specialist care and expertise in heavy traumatology and neurosurgery.
As part of these agreements, the hospital group will receive €100m ($108m) from the EIB and an additional €15m from BNG Bank.
This financing, totalling €115m, will support the first phase of construction and gradual infrastructure overhaul of ETZ’s hospital at the St Elisabeth site in Tilburg.
The investment is part of ETZ’s strategy to enhance the efficiency and sustainability of its healthcare services.
Another €100m from the EIB is anticipated for the second phase of the project in the coming years.
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By GlobalDataThe renewal project will unfold in two stages, ensuring the hospital remains operational throughout the process.
The first phase, due to conclude by 2026, involves constructing the first section of a new clinical building with 80 beds and an acute care centre, which will have intensive care units, an emergency room, a general practitioner room, first heart care, and a helipad.
In the second phase, which is expected to complete by 2031, the hospital group will work on the development of emergency care block and a second clinical building, featuring at least 120 beds, nuclear medicine, a radiology department, new operating theatres, a pharmacy and parking spaces.
The new buildings will be designed to consume less energy than current legal minimums, achieved by eliminating gas heating, installing LED lighting, and improving heat retention and rainwater collection.
It is in line with ETZ’s commitment to support a substantial reduction in carbon dioxide emissions, targeting a 95% decrease by 2050.
ETZ board member Gerard van Berlo said: “This agreement is crucial for the realisation of this new construction project. The financing obtained allows us to start on time, so that the project can be delivered during 2026.”
Earlier this month, EIB signed a €107m loan agreement with a Mota-Engil-led society to support the construction of Hospital de Lisboa Oriental in Portugal.