CR-L1053 : Building and Equipping of Education Infraestructure

Project Status
Implementation

The general objective of the program is to improve the physical conditions of education infrastructure, the learning environments, and the internal efficiency of beneficiary primary and secondary schools by providing infrastructure to schools that currently lack it. To this end, direct financing will be provided to build and equip school infrastructure through a public works development trust. The specific objectives are: (i) to promote the gradual consolidation of a high-quality physical and technological platform to support the transformation of the teaching/learning process; (ii) to reduce the education infrastructure deficit; and (iii) to implement an alternative financing mechanism to address the demand for education infrastructure in a more flexible and timely manner, through long-term financing instruments.

PROJECT DETAIL

Project Number CR-L1053
Operation Number 2824/OC-CR
Country Costa Rica
Sector EDUCATION
Subsector EDUCATION-SECONDARY EDUCATION
Project Type Loan Operation
Project Subtype Specific Investment Operation
Environmental and Social Impact Category B
Project Status Implementation
Approval Date NOV 1, 2012
Contract Signature Date JAN 27, 2014
IDB Financing * 167.52

PROJECT INFORMATION

Total Cost H USD 167,000,000
Financing Type FFF
Fund Ordinary Capital
Reporting currency USD - United States Dollar
Reporting Date JUL 31, 2015
Estimated Cofinancing H USD 167,524,234
Undisbursed Amount H USD 152,394,234
Disbursed to Date R USD 15,130,000
Amount Outstanding R USD 15,130,000
Income Collected R USD 624,087
PORTFOLIO DETAILS
Key Value
H Historical
R Revalued

*For active and closed projects, the IDB financing at Board approval is shown in US$ millions. This does not reflect any cancellations. For projects in Preparation the amount shown is the Estimated IDB Financing. Approved projects shows either Estimated IDB Financing or Historic Approved amount. The IDB financing for projects in the pipeline is indicative and may be modified during the project preparatio

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RELATED AWARDED CONTRACT

Description: OTHERS
Reference: CRA4588
Date: Jun, 23 2015
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