Montevideo Urban Transportation Program
To improve, in a sustainable way, the accessibility conditions, mobility and safety of the urban transport system of Montevideo, to increase the urban competitiveness and integration of the metropolitan area and for improving the equity conditions and the life quality of the population. The program will help reduce private and social cost in the provision and use of the urban transport systems in Montevideo, through a more efficient transport system (less commuting time, more productivity, less operational cost and of maintenance, more safety and better environmental conditions) and equitable (integration of routes and more accessibility) that facilitate the access to the low income population to the zones that generate employment, income and services.

Project Detail

Country

Uruguay

Project Number

UR-L1025

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

ESP (Specific Investment Operation)

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category B: 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 100,000,000.00

Country Counterpart Financing

USD 20,000,000.00

Original Amount Approved

USD 80,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2040/OC-UR Sovereign Guaranteed USD - United States Dollar Ordinary Capital Single Currency Facility
Operation Number 2040/OC-UR
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Single Currency Facility