Project Cycle
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 |
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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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