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CO-L1159 : Perimetral Oriental de Bogotá Public Private Partnership

Project Status: Closed

The project has the following objetives: i) the upgrade of the connectivity for the Eastern regions surrounding Bogotá as the Project will represent a new North-South axis with shorter travel times for the departments of Meta, Cundinamarca and Boyacá, as well as metropolitan Bogota, benefiting a total population of approximately 300,000 inhabitants from the areas surrounding the Project; ii) the reduction in fuel consumption and consequently GHG emissions associated with decreased congestion in Bogota¿s metropolitan area; iii) The direct and indirect job creation during construction and operations, which are being estimated with the construction and operational teams.

Project Detail

Project Number
CO-L1159
Project Country
Colombia
Project Sector
TRANSPORT
Project Subsector
MAJOR HIGHWAYS
Project Type
Loan Operation
Project Status
Closed
Operation Number
3562A/OC-CO-1

Financial Information

Project Number
CO-L1159
Project Status
Closed

IDB Financing

Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Apr/13/2021

Roles & Responsibilities

Contract signature date
May/24/2016
Operation Number
3562A/OC-CO-2

Financial Information

Project Number
CO-L1159
Project Status
Closed

IDB Financing

Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Apr/13/2021

Roles & Responsibilities

Contract signature date
May/24/2016

Project Information

Total Cost
USD 632,200,000
Country counterpart financing
USD 474,100,000
Amount
USD 158,100,000

Preparation

Title
Type
Project Number
Date Published
Environmental and Social Management Plan
CO-L1159
October 02, 2015
Environmental & Social Strategies
CO-L1159
March 26, 2015
Environmental Impact Assessments
CO-L1159
February 23, 2015
Environmental Impact Assessments
CO-L1159
February 23, 2015

Approved

Title
Type
Project Number
Date Published