Company name
Grupo Vía Central
Project number
12278-02
Category A projects could result in potentially significant environmental and/or social risks and impacts, which are diverse, irreversible, or unprecedented that may extend beyond the boundaries of the actual project site or facilities. In principle, Category A includes projects which have significant impacts on protected or sensitive areas21 and/ or vulnerable groups.
E&S category
A
Country
Uruguay
Sector
Transport
Status
In implementation
Disclosed date
03/31/2019
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
04/27/2020
Approval date
05/12/2020
Signed date
06/24/2020
Sponsoring entity
N/A
Investment Operations Department Contact
N/A
Investment type
Syndicated amount
USD $ 67,500,000
Financing amount
USD $ 7,500,000
Currency
USD
Project scope and objective
The Project’s objective is to design, construct, finance and maintain the 272-kilometer long railway between Montevideo and Paso de Los Toros in Uruguay. The financing consists of (i) a senior A loan, granted by the IDB Group for an amount of up to US$300 million and a senior B loan for an amount of up to US$160.9 million, provided by two international commercial banks; in addition, the financing will include (ii) a subordinated A loan provided by the IDB Group for an amount of up to US$7.5 million and a subordinated B loan for an amount of up to US$67.5 million.
The Environmental and Social Action Plan and the Environmental and Social Review Summary are available at the following link:
Proyecto Ferrocarril Central PPP | IDB Invest
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Contact information
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Client Contact
N/A
PHONE NUMBER
N/A
POST OFFICE ADDRESS
N/A
IDB Invest Contact
requestinformation@idbinvest.org
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesFor inquiries, comments and information requests about the project
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