MADRID – Spanish company ACS, through its subsidiary Makiber, is set to invest $130.4 million to build a hospital each in Ecuador and Bolivia, the company said in a statement on Monday.

In Ecuador, Makiber will build a 150-bed hospital in the town of Manta, which was rattled by an earthquake in April, at a cost of $60.3 million, by the end of 2017.

In Bolivia, Makiber will set up a new 200-bed hospital in Montero in the Santa Cruz region, at a cost of $70 million by 2018.

Both hospitals will have their own design models, which have been used successfully in construction of other hospitals in Ecuador and other sub-Saharan countries in Africa, according to the company.

With this investment, ACS is looking to consolidate its presence in the health sector in the Americas.