BRICS approves R$1.7 billion funding for São Paulo hospital

Source: Poder360 | Original Published At: 2025-12-16 15:43:29 UTC

Key Points

• New Development Bank (NDB) approves $370 million (R$1.7B) loan for Brazil's first intelligent hospital (ITMI-Brasil)
• Project combines AI, 5G-connected ambulances, and telehealth to reduce emergency response times from 17h to 2h
• Brazilian federal government contributes R$110M and São Paulo state adds R$55M alongside NDB financing
• 120,000m² facility integrated with USP's Hospital das Clínicas will include emergency units, ICUs, and surgical rooms
• Construction starts 2026, completion expected 2029 with initial operations beginning in 2027
• Final NDB approval secured through Health Minister Padilha's October 2025 China visit