The Real Deal Miami

Miami company wins $23M contract to build a hospital in Peru

Miami-based IBT Group expects to complete construction and open the 97,400-square-foot Hospital in 18 months
March 17, 2018 01:50PM

Rendering of hospital IBT Group is building in Pacasmayo, Peru

Miami-based IBT won a $23 million contract to build a hospital in Peru.

IBT expects to finish construction of the 97,400-square-foot hospital and open it in 18 months.

The Miami-based company will build the hospital in Pacasmayo, a seaside city in Peru. Pacasmayo is located in Peru’s La Libertad region, which has a population of 48,000.

The Pacasmayo Hospital will be built with steel-reinforced concrete and other earthquake-resistant materials.

Services available at the hospital will include emergency care, ultrasound procedures, deliveries, laboratory analysis, diagnostic imaging, rehabilitation, sales of pharmacy products and sterilization.

The National Program of Investments in Health, a department of the Ministry of Health in Peru, awarded the $23 million contract to IBT after soliciting bids.

The Miami-based company has an eight-year history of building hospitals in Peru. IBT is the main shareholder of companies that operate three Peruvian hospitals. – Mike Seemuth