Minister of Health and Wellness Ian Gooding-Edghill has revealed plans to spend more than $160 million to replace equipment at the island’s only public hospital over a five-year period.He has also recommended the creation of a fund to pay for improvements to the Queen Elizabeth Hospital (QEH) plant in the longer term.Gooding-Edghill spoke about the planned capital expenditure programme while appearing on Down To Brass Tacks on Starcom Network on Friday, when he said he would be taking a comprehensive proposal to the Ministry of Finance shortly.“I came up with a five-year capital plan. We have to discuss it with the Ministry of Finance and, subject to their approval, we are going to spread the replacement over five years.“It’s not a situation where we are going to buy everything in one year. In the first two years we have projected, based on the plan that we have, we will spend in excess of $60 million and then obviously the remainder over the next [three] years that will be well over $100 million,” the Health Minister disclosed.