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Improvement Road Integration Corridor PPP

The general objective is to promote physical integration and connectivity in the Mesoamerican region, reducing transportation costs, facilitating the movement of passengers and freight, and improving safety on the Divisa-Santiago-El Pajal section of the Puebla-Panama Plan's Pacific integration corridor. This will make for faster and safer communications from the western part of the country to the border with Costa Rica and the nation's capital. The program has the specific objective of rehabilitating and upgrading the Divisa-Santiago-El Pajal section (92 km), by adapting its operating characteristics to those agreed on in the Memorandum of Understanding on the Mesoamerican international highway system (RICAM).

Project Detail

Country

Panama

Project Number

PN0159

Approval Date

July 23, 2003

Project Status

Closed

Project Type

Loan Operation

Sector

TRANSPORT

Subsector

MAJOR HIGHWAYS

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

ESP (Specific Investment Operation)

Facility Type

-

Environmental Classification

(R) Likely to cause mostly local and short-term negative environmental and associated social impacts and for which effective mitigation measures are readily available

Total Cost

USD 47,000,000.00

Country Counterpart Financing

USD 10,000,000.00

Original Amount Approved

USD 37,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
1468/OC-PN Sovereign Guaranteed USD - United States Dollar Ordinary Capital Single Currency Facility
Operation Number 1468/OC-PN
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Single Currency Facility

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-8493
Loan Contract
Amendment Letter - Loans to Panama subject to a LIBOR Based Interest.pdf
Aug. 24, 2021
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-366576767-496
Specific Procurement Notices
Rehabilitación de la Carretera Panamericana, Sección I [35236811].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-366576767-497
Specific Procurement Notices
Rehabilitación de la Carretera Panamericana, Sección II [35236812].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-366576767-498
Specific Procurement Notices
Rehabilitación de la Carretera Panamericana, Sección III [35236813].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-366576767-7944
Loan Proposal
Program for the Improvement of the Puebla-Panama Plan's Pacific Corridor [419531].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-366576767-8293
Loan Proposal
Programa de mejoramiento del corredor pacífico del Plan Puebla Panamá (Tramo Divisa - Santiago - Pajal) [429722].PDF
Dec. 31, 1999
Spanish
Closed Phase
https://www.iadb.org/document.cfm?id=EZSHARE-366576767-510
Project Completion Report
PIC_ PANAMA_ Programa de Mejoramiento del Corredor Pacífico del Plan Puebla Panamá (PPP) (Tramo Divisa-Santiago [35478072].PDF
Dec. 31, 1999
Spanish
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-366576767-10047
Environmental Impact Assessments
Mejoramiento Corredor Integración PPP_Tramo Divisa-Santiago-Pajal [529338].PDF
Apr. 28, 2005
Spanish

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