International Dialysis Center Banja Luka DOO

The project, marking the first foreign investment in the Bosnian health sector, is for the creation and management of a renal dialysis facility in the city of Banja Luka. MIGA provided two guarantees, totaling $1.28 million, to the International Dialysis Centers B.V. of the Netherlands. The first guarantee is for an equity investment in the International Dialysis Center Banja Luka in Bosnia and Herzegovina, covering the risks of expropriation, and war and civil disturbance. The second guarantee covers obligations of the Health Insurance Fund and the Republika Srpska for the provision of dialysis services, protecting the investor against breach of contract. The European Union Investment Guarantee Fund, administered by MIGA, is providing additional coverage.

Renal dialysis treatment is an acute problem in Bosnia and Herzegovina, and the new facility is expected to provide high-quality dialysis services for up to a fourth of all dialysis patients living in the Republika Srpska. The project uses state-of-the-art medical equipment, which is helping to improve life expectancy and quality of life for dialysis patients. As the treatment center is located within an existing hospital, the latter will benefit from refurbishment of the premises for the new facility. In addition, the project will supply a medical waste and water treatment unit, and is already providing extensive technical, medical, and managerial training to staff of the new facility.