The first major NHS hospital to be built with private capital and leased back to the NHS was announced yesterday. The 700-bed hospital in Norwich costing £170m will be constructed by a private consortium and will employ all the staff to run it apart from clinical personnel. It will be built on a 63-acre green field site at Colney Lane, Norwich by Octagon Healthcare, which comprises John Laing Construction and General Healthcare
The announcement came as the Treasury launched new guidelines to speed up procurement under the Private Finance Initiative, its programme for boosting the role of the private sector in public investment.
- Financial Times 04/04/96 page 1, page 11
- Daily Telegraph 04/04/96 page 8
- Times 04/04/96 page 51, page 26
- Independent 04/04/96 page 22, page 23
- Guardian 04/04/96 page 20
