Objective: The objective of the program is to improve the accessibility, efficiency, and safety of priority roads of the national road network (RVN) and feeder roads of the provincial road network (RVP) in the Norte Grande region (RNG), through the widening, rehabilitation, and improvement of road corridors that connect production centers with local and foreign markets. To ensure the sustainability of these investments, the works financed by the program will be incorporated into the road maintenance management systems. This objective contributes to sustainable economic development in the RNG. To achieve these objectives, the project was structured under the following main components: (i) engineering works; (ii) road safety; (iii) institution strengthening; (iv) administration, studies, and supervision.
|Subsector||TRANSPORT-TRANSPORT NETWORKS CONNECTIVITY|
|Project Type||Loan Operation|
|Environmental and Social Impact Category||B|
|Approval Date||FEB 1, 2012|
|Contract Signature Date||JUL 31, 2012|
|IDB Financing *||300.00|
|Total Cost H||USD 333,500,000|
|Country Counterpart Financing||USD 33,500,000|
|Financing Type||Single Currency Facility|
|Reporting currency||USD - United States Dollar|
|Reporting Date||NOV 30, 2017|
|Undisbursed Amount H||USD 43,475,832|
|Disbursed to Date R||USD 256,524,168|
|Amount Outstanding R||USD 256,524,168|
|Income Collected R||USD 18,736,727|
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