CVU Highway Program
The postponement of the investments in roads during the past years have greatly impacted the general condition of the net and the transportation system for both cargo and passengers. In this matter and considering the importance of transportation for the social and economical development of the country, the Program looks to reactivate the investments in the road net, especially in the segments under concession by the CVU. The Program will contribute to decrease the transport cost in the road net administered by the CVU through the financing of rehabilitation and maintenance works.

Project Detail

Country

Uruguay

Project Number

UR-L1022

Approval Date

October 29, 2008

Project Status

Closed

Project Type

Loan Operation

Sector

TRANSPORT

Subsector

TRANSPORT

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

PDL (Performance Driven Loan)

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 125,000,000.00

Country Counterpart Financing

USD 25,000,000.00

Original Amount Approved

USD 100,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2041/OC-UR Sovereign Guaranteed USD - United States Dollar Ordinary Capital Single Currency Facility
Operation Number 2041/OC-UR
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Single Currency Facility