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CVU Highway Program II

The program¿s general objective is to preserve the road assets in the Primary Road Network (RVP) and reduce the accident rate on those roads. The specific objectives are to: (i) lower transportation costs (vehicle operating costs and travel time) for the RVP segments targeted by the program; and (ii) increase private financing of road infrastructure.

Project Detail

Country

Uruguay

Project Number

UR-L1107

Approval Date

November 10, 2015

Project Status

Closed

Project Type

Loan Operation

Sector

TRANSPORT

Subsector

ROAD MAINTENANCE

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

GOM (Global of Multiple Works 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 89,500,000.00

Country Counterpart Financing

USD 13,500,000.00

Original Amount Approved

USD 76,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
3578/OC-UR Sovereign Guaranteed USD - United States Dollar Ordinary Capital Flexible Financing Facility
Operation Number 3578/OC-UR
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Flexible Financing Facility
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