• With financing of $38.6 million, IDB Invest leads the financial structuring to expand the supply of specialized medical services in Guayaquil, mobilizing an additional $28 million from CIFI.

   

• The project will include 113 hospital beds and state-of-the-art technology.

IDB Invest and CIFI are financing the construction and operation of the first phase of Millennium Med, a tertiary-level hospital sponsored by Grupo Campana in Guayaquil, Ecuador. The project aims to meet the growing demand for specialized medical services in the city and the country. The complex will offer more than 20 medical specialties—including oncology, cardiology, neurology, and traumatology—along with clinical support services and advanced technology in imaging diagnostics, radiotherapy, and nuclear medicine. This is the first healthcare project financed by IDB Invest in Ecuador.

The hospital will help improve access to high-quality healthcare services, alleviate the shortage of hospital beds, and reduce wait times for complex procedures. It is expected to serve both private patients and those referred from the public system, thereby strengthening the country’s complementary health network. Hospital management will be handled by the international operator Grupo Eximio.

The transaction includes a total loan of $66.6 million, with $38.6 million from IDB Invest over 15 years. The remaining $28 million will be mobilized through CIFI and its Sustainable Infrastructure Debt Fund (SIDF), reaffirming IDB Invest’s role as a catalyst for private resources in essential infrastructure under its “Originate to Share” model. The total cost of the project’s first phase is estimated at $105 million.

Beyond financing, IDB Invest will support the adoption of best environmental and social practices, the implementation of a corporate governance plan to strengthen transparency and project management, and the achievement of EDGE certification for sustainable construction, promoting efficient use of water and energy.

About IDB Invest  

IDB Invest is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $22 billion in assets under management and more than 400 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries. Visit our website idbinvest.org/en.

About Grupo Campana

Grupo Campana is a family office led by Ecuadorian entrepreneur Pablo Campana Saénz, committed to generating positive social and economic impacts through its business group.

Grupo Campana launched its brand with the creation of MILLENIUM S.A., the group’s first and main company, dedicated to real estate development since 2012. Millenium focuses on developing high-rise AAA buildings for upper-middle and high-income segments and has recently expanded into single-family housing.

Driven by a multi-sector vision, Grupo Campana has ventured into new business lines in food, factoring, insurance, and hotel and real estate management. It also created the “Fundación Campana,” which promotes actions that contribute to the social and economic inclusion of priority groups in its projects.

About Millenium S.A. and MilleniumMed

Millenium S.A. (“Millenium”) is a real estate developer and promoter of the MilleniumMed project and part of Grupo Campana’s business conglomerate. The company focuses on high-rise and single-family housing developments. It executes projects through Integrated Real Estate Trusts, combining land and investor resources with those of prospective buyers, enabling a solid, efficient, and financially sustainable structure grounded in good corporate governance.

Millenium operates under the philosophy “THINK BIG!”, reflecting a business vision centered on excellence and innovation in the real estate sector. This approach has enabled it to develop cutting-edge, profitable projects with high urban impact, offering comprehensive solutions to client needs, generating employment, contributing to the city’s beautification and orderly growth, and promoting the well-being of all stakeholders.

MilleniumMed is a world-class hospital complex with 93,300 m² of construction and a total projected investment of $202 million. The first phase, financed by IDB Invest and CIFI, involves a $105 million investment for the construction of the Hospital Tower and a Consultation Tower, as well as state-of-the-art medical equipment.

About CIFI

CIFI is an investment platform based in Panama that provides integrated financial solutions to private developers and investors in sustainable, high-impact infrastructure across Latin America and the Caribbean. With a strong track record of over 220 transactions and disbursements exceeding $2 billion, CIFI has mobilized more than $21 billion in capital since its founding in 2001.

Visit: http://cifi.com