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Highway System Caracas-La Guaira

This project will provide technical assistance funding to the Ministry of Transport and Communications of Venezuela for the preparation and negotiation of a private-sector concession contract for the Caracas-La Guaira highway system that can also serve as a model for future concessions. It will finance legal, financial, environmental and technical assistance for the preparation and negotiation for the concession contract, so as to ensure that the contract allows for the project to be financed in the international financial market and to provide a guarantee to the government that the level of service, works, maintenance, and safety of the roads will be in accordance with international highway sector standards.

Project Detail

Country

Venezuela

Project Number

TC9601205

Approval Date

October 17, 1996

Project Status

Cancelled

Project Type

Technical Cooperation

Sector

TRANSPORT

Subsector

TRANSPORT

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 366,000.00

Country Counterpart Financing

USD 173,000.00

Original Amount Approved

USD 193,000.00

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