ACS Signs USD 103 Million Bolivia Hospital Contract
July 20, 2018 at 05:20 am EDT
Share
ACS signed a BOB 739 million (USD 103 million) contract to build a hospital in the Bolivian capital. The Bolivian health ministry and ACS' Makiber unit signed the four-and-a-half year turnkey contract for La Paz' gastroenterological hospital, to be built on a 6ha terrain in the southern area of the capital. The hospital will feature nine surgical wards, 13 X-ray wards, 10 laboratories, areas for teaching and research, offices, crèche facilities and living quarters for personnel. The projects are part of Bolivia's USD 2 billion, 49-hospital investment program that started in early 2015. Bolivia has invested a total of BOB 18 billion in 1,032 new health facilities over the past 12 years. In other infrastructure news, the government has approved construction of a hospital, sports complex and a market in La Paz' Sud Yungas province for a total investment of BOB 28.7 million. At the same time, four companies fielded bids for a BOB 13 million, 10-month study for a new USD 70 million judiciary center in the city of Sucre. The companies include Spain's Inypsa, Coprogetti of Italy and local firm Cypla.
ACS, Actividades de Construcción y Servicios, S.A. is one of Spain's leading construction groups. Net sales break down by activity as follows:
- construction of infrastructures and buildings (93.3%): civil engineering infrastructures (primarily highways, hydraulic constructions and railroads), non-residential and residential buildings;
- services (5.4%): cleaning, waste collection and treatment. Moreover, the group offers maintenance services of urban and industrial infrastructures, port and logistical services, and also social services and personal assistance services.
- industrial services (0.5%): development, construction, installation and maintenance of distribution networks of electricity, gas and water, industrial production systems, telecommunication networks, road traffic control systems, etc.;
- other (0.8%).
Net sales are distributed geographically as follows: Spain (9.4%), the United States (56.3%), Australia (20.2%), Canada (5.3%), Germany (2.4%) and others (6.4%).