Nicaragua Approves $66.5 Million for Hospital

The congress of Nicaragua approved an agreement with CABEI to build a military hospital.

Wednesday, September 22, 2010

It will feature over 41.000 square meters of constructed space in a central two-storey building plus two three-storey towers, holding 474 beds.

According to EFE, the $66.5 million are split as follows: $4 million will be donated by the Central American Bank for Economic Integration (CABEI), while the remaining will be disbursed as a 20-year loan with a grace period of three years, at an unspecified interest rate.

More on this topic

Panama: $150 million for Children's Hospital

October 2011

It is estimated that construction of the new facilities will take three years, meaning that the current hospital will remain operational.

The new hospital will be built on the site of the former headquarters of the U.S. embassy, and will be joined to the old hospital, being very close together.

Nicaragua: $60 million for New hospital

July 2011

The two-story hospital with 300 beds will be ready in three years and will be financed by Dutch investors and the Nicaraguan government via a BCIE loan.

The Ministry of Health announced that the construction of the hospital in the Managua District III will be undertaken as part of the cooperation agreement recently signed between the Nicaraguan government and the Netherlands.

Nicaragua: $66 Million for Military Hospital

August 2010

Work is expected to begin in 2011 once the international construction tender process is completed.

The new 41,000 m2 hospital will be built using funding from the Central American Bank for Economic Integration (CABEI), the head of the Nicaraguan Army announced.

It will be located on the site of the old El Retiro Hospital and is expected to be operational by 2014.

$6 Million to Renew Nicaraguan Hospital

April 2010

The resources will be invested in rehabilitating and enlarging Hospital Manuel de Jesús Rivera, also known as “La Mascota”.

Its director, Gerardo Mejía, explained they will execute this project in phases over the next three years.

“In 2010 they will invest in technology”, reported Laprensa.com.ni.

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