The objective of the Program is to improve transport accessibility in rural zones of Nicaragua with high incidence of poverty, facilitating the integration of productive zones to consumption areas and population to public and social services areas; and contributing to poverty reduction. The specific objectives of the Program for the rural roads intervened are: (i) reduce average vehicle operating costs (US$/vehicle-km); (ii) reduce the average travel time (minutes-vehicle per road section); and (iii) promote and facilitate the use of road infrastructure to transport cargo and passengers.
|Subsector||TRANSPORT-TRANSPORT NETWORKS CONNECTIVITY|
|Project Type||Loan Operation|
|Environmental and Social Impact Category||B|
|Approval Date||NOV 10, 2015|
|Contract Signature Date||DEC 9, 2015|
|IDB Financing *||90.70|
|Total Cost H||USD 92,668,100|
|Country Counterpart Financing||USD 1,968,100|
|Reporting currency||USD - United States Dollar|
|Reporting Date||SEP 30, 2017|
|Undisbursed Amount H||USD 79,500,000|
|Disbursed to Date R||USD 11,200,000|
|Amount Outstanding R||USD 11,200,000|
|Income Collected R||USD 475,120|
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