IDB Invest Supports New Maternal and Neonatal Hospital in Brazil Benefiting More Than 300,000 people

WASHINGTON - IDB Invest is financing the construction of the Tocantins Women's Hospital and Maternity, a new public health center in the state of Tocantins, Brazil, expected to serve more than 300,000 people in the region. This is the first project implemented through a public-private partnership (PPP) in the state's health sector.

The initiative involves the construction, equipping, and non-clinical operation of a modern hospital in the city of Palmas. Once operational, the facility will replace the state's existing maternity hospital, expanding capacity and improving the quality of health services for women and newborns. The hospital is expected to serve approximately 90,000 people locally and more than 300,000 at the regional level, increasing annual capacity to up to 6,000 births. By improving access to specialized maternal and neonatal services, the project addresses long-standing gaps in health infrastructure in northern Brazil, particularly in areas with higher vulnerability and limited access to high-complexity care.

IDB Invest's participation includes a 70 million reais bond investment to the company ODR Health, a subsidiary of Grupo Opy Healthcare, in charge of the construction and non-clinical operation of the new facility. IDB Invest will also provide a guarantee of up to 264.7 million reais to Brazil's National Development Bank (BNDES), supporting their long-term local-currency financing for the project. This structure contributes to mobilizing resources for social infrastructure in a market segment where long-term financing remains limited.

In addition to financing, IDB Invest will support the project through the implementation of international standards, including a comprehensive action plan focused on operational management, community engagement, labor practices, and resource efficiency. These measures are designed to strengthen institutional capacity and ensure long-term resilience of the hospital's operations.

About IDB Invest

IDB Invest, a member of the IDB Group, 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: https://www.idbinvest.org/en.

About Opy

Opy, the parent company of its subsidiary ODR, is a Brazilian social infrastructure company specialized in the development, implementation, and operation of projects structured through public-private partnerships (PPPs) and concessions. Under IG4 Capital's management, it operates in the education and healthcare sectors. In healthcare, Opy Health is involved in the operation of non-clinical services for major hospital assets in the country, including Hospital Delphina Aziz in Manaus (AM) and Hospital Metropolitano Dr. Célio de Castro in Belo Horizonte (MG).