RDIF and Rönesans Holding will build a network of medical units at Russian universities

Moscow, April 8, 2019 – The Russian Direct Investment Fund (RDIF), the sovereign wealth fund of the Russian Federation, and Turkish construction, development and investment company Rönesans Holding have reached an agreement to implement a joint project on building medical units in Russia’s regions. The corresponding agreement was signed today during the official visit of Turkish President, Recep Tayyip Erdogan to Russia.

The project will see the creation of a network of high-tech multidisciplinary medical units, utilising a single database and a common technological platform that will be connected to medical centres at leading Russian and foreign universities. This approach incorporates world class experience and the most advanced practices, as well as Rönesans Holding’s unique expertise in infrastructure construction and project implementation and support.

RDIF’s cooperation with Rönesans Holding will not only ensure the medical units are of a high quality and well set up, but will also enable a needed update of medical equipment, consumables, medical devices and medicines. This cooperation will stimulate the creation of new medical equipment, consumables, medical devices and essential medicines in Russia.

Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), said:
“The successful cooperation between RDIF and Rönesans Holding allows us to begin the implementation of a new large-scale project – the creation of 15 medical units at Russian universities. This project will improve the quality of higher medical education and utilise the advanced scientific achievements in the biomedical and digital technology fields and will fulfil the goals set by the national projects “Science” and “Health”.

Dr. Erman Ilıcak, President of Rönesans Holding, said:
“We have cooperated with RDIF in various ways since 2017. All collaboration between RDIF and Rönesans Holding has strategic importance for Russia and Turkey as well. Today we take the first steps towards the foundation of 15  medical units at Russian universities across different regions of Russia. Through this project, we shall bring Rönesans’s rich experience in the Turkish healthcare sector, medical construction and healthcare facility management over to Russia. As a company who has made real estate investments around 1.3 billion US dollars in Russia, with a contracting track record in 28 countries, which capitalizes on advanced technologies and a rich know-how in the field of healthcare, we believe that we will make a major contribution to streamlining this project according to the requirements of Russia.”