Five bidders for Thessaloniki’s new cancer hospital
Five bidders for Thessaloniki’s new cancer hospital
  Investments  |  Economy  |  Infrastructure  |  Other  |  Thessaloniki

Five bidders for Thessaloniki’s new cancer hospital

The first PPP initiative in Greece’s health sector is set with a budget of €350 million.
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RE+D magazine
10.11.2025

Five expressions of interest have been submitted for the Public–Private Partnership (PPP) project concerning the new Theageneio Anticancer Hospital of Thessaloniki, as announced by Minister of Health Adonis Georgiadis and Deputy Minister of National Economy and Finance Nikos Papathanasis.

The project concerns the design, financing, construction, and maintenance of the new hospital, under a 30-year concession agreement, with an estimated value of €350.55 million (excluding VAT). The contracting authority is the Theageneio Anticancer Hospital of Thessaloniki.

The new cancer hospital will have a total capacity of 425 beds and will include the following units and departments:

  • Intensive Care Unit (10 beds)
  • Palliative Care Unit
  • Day Care Unit for surgical cases and chemotherapy treatments
  • Psychological Support and Pain Management Unit
  • Outpatient Department and a limited Emergency Department
  • Diagnostic and Laboratory Department (in vitro and in vivo)
  • Radiotherapy Department and Radioisotope Therapy Unit
  • Supporting facilities, including kitchens, laundries, and communal areas.

The First PPP in the Health Sector

This is the first Public–Private Partnership (PPP) project in the health sector in Greece—an achievement that, according to the Ministry, demonstrates the strength and reliability of the Greek PPP framework. Greece was recently ranked second globally in the World Bank’s report assessing countries’ performance in PPP projects, confirming the transparency, maturity, and effectiveness of the national institutional framework.

Minister of Health Adonis Georgiadis stated:

“I am extremely proud that under the government of Kyriakos Mitsotakis, and during my tenure, we are completing the process for the construction of the largest cancer hospital in Greece. Our decision to proceed through a PPP has been fully justified by the strong participation of reputable companies in the tender process. This is a project that will save thousands of lives—not only in Northern Greece but across the entire Balkans.”

Deputy Minister of National Economy and Finance Nikos Papathanasis added:

“The high level of interest in the tender confirms investors’ confidence in the PPP model and in the health sector. The new Theageneio represents another important step in strengthening the National Health System (ESY) and upgrading hospitals and health centres across the country, supported by funding from the NSRF and the Recovery and Resilience Facility.”

He further noted that the construction of the new, state-of-the-art cancer hospital will serve as a catalyst for reinforcing the resilience of the National Health System, not only in Thessaloniki and Northern Greece but also across the wider Balkan region.