The program's objective is to help make the economy of Argentina's central region more productive by improving road infrastructure. The specific objectives are to: (i) improve the quality of traffic flow on National Route 19 (RN 19) by expanding road capacity on the Monte Cristo¿San Francisco segment, which will decrease travel times and transportation costs, enhance road safety, and possibly prevent weather-related road closures; and (ii) enhance road safety on the national road network (RVN) by developing public capacity to design and implement a nationwide road safety improvement program, which will increase the number of kilometers of the RVN designed to modern road safety standards.
|Project Type||Loan Operation|
|Environmental and Social Impact Category||A|
|Approval Date||DEC 5, 2016|
|Contract Signature Date||SEP 13, 2017|
|IDB Financing *||300.00|
|Total Cost H||USD 500,000,000|
|Country Counterpart Financing||USD 200,000,000|
|Reporting currency||USD - United States Dollar|
|Reporting Date||OCT 31, 2017|
|Undisbursed Amount H||USD 300,000,000|
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