The program is consistent with the Bank's strategy (GN-2327-1, GN-2570 and the Country Strategy), defined by four areas: (i) productivity and infrastructure; (ii) Social and Productive Inclusion; (iii) Institutional Strengthening and Modernization of the State, with emphasis on subnational governments. The program contributes to the strategy by (a) improving access to productive regions; (b) improving the conditions of productivity and exports; (c) reduces the number and severity of road accidents; and (d) improve institutional capacity in the State highway administration. The program is consistent with two of the pillars of the new corporate strategy of the Bank (AB-2764): (i) reducing poverty and increasing equity by reducing transportation costs and easier access to employment opportunities , education and social services; and (ii) contribution to regional integration by providing better access from the productive areas of the country to export ports.
|Subsector||TRANSPORT-TRANSPORT NETWORKS CONNECTIVITY|
|Project Type||Loan Operation|
|Environmental and Social Impact Category||B|
|Approval Date||SEP 21, 2017|
|IDB Financing *||235.00|
|Total Cost H||USD 435,000,000|
|Country Counterpart Financing||USD 200,000,000|
|Reporting currency||USD - United States Dollar|
|Reporting Date||OCT 31, 2017|
|Undisbursed Amount H||USD 235,000,000|
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