The Replacement Hospital is a unique and achievable investment opportunity for Grenada. It is a crucial key to help transform the Grenada economy, the quality of life and healthcare services. This innovative Project will also bring great benefits through training opportunities for international medical students on-island as well as lay the groundwork for medical tourism, which holds enormous potential for Grenada’s future growth and development. The Replacement Hospital will be implemented by the Government of Grenada (“GoG”) in collaboration with a private partner selected through a bidding process, thereby forming a public-private partnership (“PPP”). PPP models like this one have been successfully implemented in both developed and developing countries, including Spain, the United States, Canada, the UK, Bermuda, Turks and Caicos, Mexico and countries in Eastern Europe and Africa, and have shown positive economic impact in these countries .