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Rede D'Or
Summary of Proposed Investment

This Summary of Proposed Investment is prepared and distributed to the public in advance of the IFC Board of Directors’ consideration of the proposed transaction. Its purpose is to enhance the transparency of IFC’s activities, and this document should not be construed as presuming the outcome of the Board decision. Board dates are estimates only.

Project number 28144
Company nameRede DOr
Country
Brazil (IDA)
Sector1Hospitals and Clinics
Environmental categoryB
Department
StatusActive
Date SPI disclosedApril 19, 2010
Projected board dateMay 19, 2010
Previous EventsInvested: December 29, 2011
Signed: July 6, 2010
Approved: July 1, 2010
View Environmental & Social Review Summary (ESRS), click here
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  Overview     Sponsor/Cost/Location     Development Impact     Contacts     Attachments  

Project description
Founded in 1977, Rede D’Or (“Rede D’Or” or the “Company”) is a for-profit healthcare company that owns a network of46 image centers and laboratories for medical diagnostics and 16 hospitals (including three under construction at the time of appraisal) with over 1,500 beds total, in the states of Rio de Janeiro and Pernambuco.

The company plans to invest over the next 4 to 5 years to support its organic growth strategy to expand existing facilities and build four new hospitals (three already under construction) to reach 2,700 beds total. The group also plans to acquire new hospitals.

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