Business Services Industry

State cools on PPP funding for hospital.

Australasian Business Intelligence, June, 2009

Byline: Michael Owen

Jun 03, 2009 (The Australian - ABIX via COMTEX) -- South Australian Treasurer, Kevin Foley, has acknowledged that private companies may not be able to raise the finance to contribute to the development of a new $A1.7 billion hospital in Adelaide. Health Minister, John Hill, said in May 2009 that the Government planned to build the hospital through a public-private partnership deal, although Foley has now expressed concern about the private sector's ability to source the funds.

Publication Date: 4 June 2009

 
SOUTH AUSTRALIA.  DEPT OF TREASURY AND FINANCE 
SOUTH AUSTRALIA.  DEPT OF HEALTH 
ROYAL ADELAIDE HOSPITAL 

Copyright 2009 LexisNexis Australia. All Rights Reserved.

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