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Company name

Universidad Peruana Cayetano Heredia

Project number

14472-01

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.

E&S category
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B

Country

Peru

Sector

Social Infrastructure

Status

Inactive

Disclosed date

09/27/2024

Projected date at which a project will be put forward for the Board of Executive Directors’ approval.

Projected board date
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10/31/2024

Approval date

10/31/2024

Signed date

N/A

Sponsoring entity

N/A

Investment Operations Department Contact

Infrastructure and Energy Division

Investment type

Syndicated amount

N/A

Financing amount

USD $ 35,000,000

Currency

PEN

Project scope and objective

The proposed financing consists of a corporate loan to Universidad Peruana Cayetano Heredia (UPCH) to support the construction of a state-of-the-art medical training and simulation complex and to upgrade its existing infrastructure. This project will allow UPCH to accommodate more students and maintain its high-quality education. By training additional health professionals, the university will address the current shortage in the sector and improve the overall quality of human resources in healthcare. This initiative aligns with the key objectives of the Sustainable Health Agenda 2018-2030, endorsed by the Pan American Health Organization.

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Environmental and social review

IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.

CAYETANO HERADIA UNIVERSITY EXPANSION - ENVIRONMENTAL AND SOCIAL ACTION PLAN

235.5 Kb

CAYETANO HERADIA UNIVERSITY EXPANSION - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY

327.7 Kb

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Contact information

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Alternatively, you may also use the following contact information :

Client Contact

EMAIL

Henry.calderon@upch.pe

PHONE NUMBER

(511) 319-0000

POST OFFICE ADDRESS

Av. Honorio Delgado 430, Urb Ingeniería, Lima – Perú

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

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