Latvian Oncology Centre's €80M Renovation: A Race Against Time and Budget
The Latvian Oncology Centre, treating around 40,000 patients annually, is in dire need of renovation. Its outdated infrastructure, last updated in 1986, falls short of European and global standards. A loan for the project is being considered, but it may strain the already negative fiscal space of the Latvian budget.
The renovation, discussed in the Saeima's Social and Labour Affairs Committee on 10 September, is estimated to cost €80 million. €20 million is already secured for the first phase, which includes a new operating theatre block with 8 theatres, 10 wake-up rooms, manipulation rooms, and six intensive care beds. The second phase requires an additional €48 million, which could come from a loan or European funds.
Patient organisations are pushing for the renovation to begin promptly, fearing it could otherwise become a 'long-build'. The chief physician sees borrowing as the only current solution to avoid delaying the project. However, the Ministry of Health and other ministries are currently looking for spending cuts, including the Ministry of Health itself, which could potentially impact the renovation plans.
The renovation of the Latvian Oncology Centre is crucial to meet the growing demand for surgery, with a 2%-3% annual increase in patients. While €20 million is secured for the initial phase, the total cost of €80 million may require a loan, potentially impacting the Latvian budget's fiscal space. The government is urged to find a solution that balances the need for renovation with fiscal responsibility.
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