Andorra Signs PPP Deal for New 120-Place Elderly Care Centre in Encamp

The Andorran government has signed a memorandum of understanding with Residencial Parc de l’Ossa Pirineus, SL, establishing the framework for a public-private partnership on a new elderly care centre in Encamp, led by MoraBanc.

The agreement commits the government to subsidising 45% to 55% of the facility’s places after it opens, increasing the national total of subsidised spots from 270 by 66. Social Affairs Minister Trini Marín and a company representative signed the document, with Encamp’s senior councillor Laura Mas in attendance to underscore the parish council’s involvement.

Marín described the step as building on a March 2023 memorandum with the promoters. It strengthens the country’s social health resources, boosts public residential capacity, and delivers quality care through private-sector collaboration for public benefit. The project aligns with the National Elderly Social Health Plan and WHO guidelines for person-centred care in the 2021-2030 healthy ageing decade.

MoraBanc is driving the fully private investment as promoter, financier, and shareholder under an innovative co-investment approach for Andorra. The centre will offer 120 assisted living places with 24-hour comprehensive services, including personal support, nursing, physiotherapy, cognitive stimulation, sociocultural activities, and autonomy promotion programmes. It will also include a 30-place day centre for people with mild to moderate dependency, providing daytime therapeutic and assistance services.

The operating company plans to apply the high satisfaction standards from its Catalan centres, prioritising elder and family wellbeing. Mas noted the project is progressing steadily, with Encamp council having issued the building licence to enable construction start. The facility is scheduled to open in 2028, addressing growing demand for elderly care services.