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Types of Financing

The IDB Group uses loans, grants, guarantees and investments to fund development programs.

CO-L1019 : Construction of the San Francisco - Mocoa Alternate Road Project, Phase I

Project Description: The Road Corridor Pasto - Mocoa will have two phases. The total amount for phase I will be US$ 90 million will fund 16 km of route located outside the forest reserve (6km San Francisco and 10 km for Mocoa Pasto). It also financed all of the environmental and social measures in the Plan of integrated social and environmental management and sustainable (PMASIS).The second phase is expected to be approved in 2010, corresponds to the financing of 29 km located within the forest reserve.In this context, the phase I will allow that the measures are being advanced socioambientales of implementation before starting the construction of the section within the reserve (phase II).The main objective of this program in two phases is:The Pasto - Mocoa Road is part of the Tumaco (CO) ¿ Belém do Pará (BR) inter ¿ modal transport corridor of the IIRSA Initiative. This corridor promotes greater integration of the Colombian road network with Ecuador, Peru and Brazil, improving the trade between these countries and facilitating the access to the Pacific Ocean.The Pasto - Mocoa Road works are divided in two segments. The first one, Pasto ¿ San Francisco, is 67km and works will initiate in 2006 funded by the Government. The present operation refers to the second segment San Francisco ¿ Mocoa and will include the improvement and the construction of a 47 km by-pass, at a estimated cost of US$150 million.The works along the San Francisco ¿ Mocoa road segment face several technical, environmental and social problems. Therefore, a technical cooperation is being prepared with the IDB's Fund for Regional Infrastructure Integration, in order to prepare technical, social and environmental studies required to address these issues.
Procurement Information

Status

Project Status

Basic Information

Project Number CO-L1019
Country Colombia
Sector Transportation
Subsector Major Highways
Project Type Loan Operation
Project Subtype Specific Investment Operation
Pipeyear and Category 2009A
Status Preparation

Financial Information

Estimated Total Cost USD 273,000,000

Estimated IDB Financing

   Financing Type Investment Loan
   Fund Ordinary Capital
   Reporting currency USD - United States Dollars
   Amount USD 53,000,000

Roles & Responsibilities

IDB Team Leader Vicentini, Vera Lucia
Executing Agency Instituto Nacional De Vias

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