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-L1087

Approval Date

January 1, 2013

Project Status

Closed

Project Type

Loan Operation

Sector

TRANSPORT

Subsector

URBAN TRANSPORT INFRASTRUCTURE

Lending Instrument

-

Lending Instrument Code

-

Modality

ESP (Specific Investment Operation)

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 21,350,000.00

Country Counterpart Financing

USD 3,100,000.00

Original Amount Approved

USD 18,250,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2893/OC-UR Sovereign Guaranteed USD - United States Dollar Ordinary Capital Flexible Financing Facility
Operation Number 2893/OC-UR
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Flexible Financing Facility