Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
De Narvaez, Olga Lucia
USD $ 2,000,000
Project scope and objective
Grupo Portuario S.A. is a company established in 1996 that manages and operates Wharf 13 of the Buenaventura maritime terminal. The Port of Buenaventura is one of the largest ports of South America’s Pacific coast and the largest in Colombia in terms of cargo, handling approximately 40% of the country’s total cargo volume. Wharf 13 is a multipurpose wharf that handles a variety of activities, including general cargo, solid bulk cargo, and coal. This wharf was assigned to Grupo Portuario by the Revolving Fund of the Colombian Navy (currently the logistics agency of the Armed Forces) through a leasing agreement. Grupo Portuario handles 18.2% of the Port of Buenaventura’s total cargo, excluding container cargo and liquid bulk cargo, which Grupo Portuario does not handle.
The objective of this IIC operation is to finance the purchase of equipment associated with the company’s cargo handling operations in order to increase their efficiency.
For inquiries, comments and information requests about the projectRequest information
Alternatively, you may also use the following contact information:
IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005