News

Green light for £353m PF2 hospital

Grant Prior 10 years ago

Chancellor George Osborne has confirmed financial support to allow construction of a £353m new acute hospital in Smethwick.

The Midland Metropolitan Hospital will be funded by both the public and private sector through a Private Finance 2 deal.

The deal includes £100m of state funding and the Sandwell and West Birmingham Hospitals NHS Trust has now been given approval to seek a PF2 partner.

Construction of the new hospital is expected to start in 2016 and be completed by 2018-19.

Plans will be finalised over the coming months when the tender race will get underway.

The Trust said: “We expect to appoint a PF2 partner in 2015 and the first construction activity to begin in 2016. Demolition works are currently ongoing at site.”

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