SIS signs P3 contract for new Turin Health Complex in Italy

  • SIS, a consortium comprising Fininc and Sacyr, will design, build, and operate the new healthcare facility under a 25-year concession, requiring an investment of €517 million.
  • The complex will feature a 1,040-bed hospital, a 5,000 sqm university campus, and 1,500 sqm of retail space.
     

The consortium led by SIS (Fininc and Sacyr), has signed the contract for the Parco della Salute, della Ricerca e dell'Innovazione di Torino (Turin Health, Research and Innovation Park) P3 project, a multifunctional complex that will include a new hospital and a university campus. The planned investment exceeds €517 million and the construction timeline is five years.

This contract was awarded in October 2024 by Azienda Ospedaliera Universitaria Città della Salute e della Scienza di Torino, a Piedmont Region government institution. The contract has a total span of 30 years and will be delivered by the P3 consortium formed by SIS (90%) and ABP Nocivelli (10%). The P3 contract includes the design, construction, financing, concession and maintenance of the hospital and covers the maintenance of the structural and architectural elements, the mechanical and electrical systems and the management of the commercial areas.

A benchmark facility

This project will become a medical and scientific reference facility in Italy and its strategic location in the south of Turin will serve around 300,000 people. 

The new complex will feature four interconnected blocks, that will house the current health facilities making up the City of Health: La Molinette, the CTO and the Sant'Anna Hospital. It will host clinical, preclinical, and translational research, and provide academic spaces for teaching activities, including degree programs in medicine and healthcare professions.

Key features of the project include:

  • 1,040 beds
  • 19 operating rooms
  • 175,000 sqm of hospital surface + 64,000 sqm of underground parking
  • 5,000 sqm of training areas
  • 1,525 sqm of commercial areas

Italy, a strategic market

Italy is a priority market for Sacyr, in which, through the SIS consortium, the company holds P3 contracts for the Pedemontana-Veneta highway, the A-3 Naples-Pompei-Salerno, the A-21  and A-5 in Turin and the Via del Mare A4 Jesolo connection.

The company currently has a portfolio of P3 projects under management valued at €28.8 billion. Sacyr's strategic ambition for 2033 is to become a world leader in the development of transportation, social and water infrastructures.

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