pounds 214m PFI hospital

Monday 12 January 1998 00:02 GMT

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pounds 214m PFI hospital

Octagon Healthcare, a consortium led by Laing, the construction group, is to build the largest hospital to date under the government's Private Finance Initiative. Work on the 800 bed Norfolk & Norwich Hospital, costing pounds 214m, will begin immediately. The hospital has been backed by Barclays Capital, which advised, underwrote and invested in the venture.

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