Company name
Consorcio Celsa-Dimmsa-Telepsa (CONDICEL) Limitada.
Project number
CR1070A-01
N/A
E&S category
N/A
Country
Costa Rica
Sector
Digital Economy
Status
Completed
Disclosed date
12/22/1999
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
02/29/2000
Approval date
02/29/2000
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
INO Portfolio Management (PTM)
Investment type
Syndicated amount
N/A
Financing amount
N/A
Currency
USD
Project scope and objective
Project Description: The Project ("Project") consists of the installation and maintenance of 15,000 public telephone booths in Costa Rica, and their lease to the Instituto Costarricense de Electricidad (ICE), the national telephone and electricity company for 6 years. The Project will increase telephone penetration in Costa Rica from 2.2 telephones per 1,000 inhabitants to 6 telephones per 1,000 inhabitants. The total cost of the project is estimated at US$15 million, of which the IIC would contribute US$4.2 million via a long-term loan.
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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
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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.
ENVIRONMENTAL AND SOCIAL REVIEW
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