The Region will save 99 million euros thanks to the operational protocol signed with CDP
The future City of Health and Science, commissioned by the Piedmont Region and nearing completion, with support from Cassa Depositi e Prestiti, is destined to become one of Piedmont's new healthcare hubs.
The reorganisation of Piedmont's healthcare system is designed to substantially reduce the workload on hospitals and to set up an extensive network of local services for the care and treatment of patients. The pandemic has made these objectives even more urgent, and major investments are needed in the healthcare system to achieve them, to upgrade facilities and improve service standards.
The new structure will have more than 700 beds, a surface area of 325,000 square metres, an important university area with lecture halls and a conference centre and will become one of the Region's five healthcare hubs, second only to the City of Health and Science in Turin.
The new hospital is linked to the University of Eastern Piedmont, which has departments of Translational Medicine, Pharmaceutical Science and Health in the heart of the city. It will lead to the restoration of buildings of great historical and cultural value belonging to the Ospedale Maggiore in Novara. Founded in the 11th century, renovated and expanded several times, the hospital is still an important landmark in the old town, with some of its buildings dating back to the mid-17th century.
CDP's support was essential because, in its capacity as advisor to the Piedmont Region, it signed an operating protocol to revise the economic and financial plan for the construction of the hospital, resulting in overall savings of more than 99 million euros, without affecting the work. This is a significant amount of money that the Region will be able to spend on caring for the people of Piedmont.
Following the awarding of the tender and start up of the construction sites, the institutions involved intend to complete the work within five years. This means completing the structure and handing it over to the hospital by 2026.
For CDP, the operation provides an opportunity to strengthen its position as an advisor on social infrastructure, helping to support the public administration in structuring projects developed in accordance with virtuous PPP models.
During this phase, the CDP Group has increased its commitment to supporting the development of strategic infrastructure, such as hospitals, providing both technical and financial assistance to accelerate the implementation of investments that are particularly important for overcoming the country's pandemic-related difficulties.