NEDA Board approves revised UP-PGH Cancer Center project

The National Economic and Development Authority Board said Thursday it approved the detailed specifications and updated parameters, terms and conditions for the University of the Philippines-Philippine General Hospital Cancer Center Project.

These revisions also aim to enhance the project’s financial sustainability over the concession period. Initially approved in February 2023, the project entails the establishment of a new 300-bed cancer hospital within UP-PGH’s Metro Manila campus, with 150 beds dedicated to sponsored patients, to serve underprivileged individuals, while the remaining 150 beds will cater to private self-paying patients in a dedicated wing.The project will operate under a 30-year build-transfer-operate concession model.

The selection of the private partner will be through an open, single-stage competitive tender based on the lowest first-year annual payment. Revenues from clinical services to private self-paying patients and commercial activities will enable the private partner to lower the annual payment, making the project more affordable given the numerous health infrastructure projects that the government has to provide budgets for.

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