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DBP assists new hospital in Kawit, Cavite

DBP regional marketing center-Southern Luzon head Abelardo Monarquia (front row, fourth from left, in blue shirt) is shown in a handshake with SPCMCI chairman, CEO and president Dr. Emmanuel Diaz after the loan agreement signing held last May 14, 2015. Also in photo are officers of DBP and SPCMCI.

The Development Bank of the Philippines (DBP) has granted a P300-million loan to the San Pedro Calungsod Medical Center, Inc. (SPCMCI) for the construction of a seven-storey, level-2 hospital building in Kawit, Cavite.

The new medical center with a 100-bed capacity will be located along the Centennial Road and shall serve the medical needs of residents of the northern part of the province, as well as those living in the southern part of Metro Manila.  It will provide quality outpatient and inpatient health services as well as more efficient and affordable distribution of level 2 health services in its service area.

Consequently, bed-to-population ratio in Kawit will improve from 1:1,817 to 1:564 with the additional 100 beds.  This project will address the health-related Millennium Development Goals namely improvement of maternal health, reduction of child and infant mortality, and control of communicable diseases.

The loan will also be used for the acquisition of modern medical equipment and permanent working capital of SPCMCI.