Montevideo Urban Transportation Program II
The program¿s general objective is to contribute to the development of a public transportation system that will provide an alternative to individual transportation in the eastern section of the Montevideo Metropolitan Area (MMA), with a view to: (i) improving the living conditions of the population; and (ii) supporting sustainable urban development. Specifically, the program aims to design and implement a public transportation system based on Bus Rapid Transit (BRT) for the Avenida Italia corridor. This will include the construction of infrastructure dedicated exclusively to public transportation, as well as development of the organizational framework needed to operate it.

Project Detail

Country

Uruguay

Project Number

UR-L1079

Approval Date

December 17, 2012

Project Status

Cancelled

Project Type

Loan Operation

Sector

TRANSPORT

Subsector

URBAN TRANSPORT INFRASTRUCTURE

Lending Instrument

Préstamo de Inversión

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 63,750,000.00

Country Counterpart Financing

USD 12,000,000.00

Original Amount Approved

USD 51,750,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2892/OC-UR Sovereign Guaranteed USD - United States Dollar Ordinary Capital Flexible Financing Facility
Operation Number 2892/OC-UR
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Flexible Financing Facility