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Company name

Union Vial Camino del Pacifico SAS

Project number

15239-01

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
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A

Country

Colombia

Sector

Transport

Status

Proposed

Disclosed date

10/24/2024

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

Projected board date
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07/22/2025

Approval date

N/A

Signed date

N/A

Sponsoring entity

Sacyr S.A.

Investment Operations Department Contact

Infrastructure and Energy Division

Investment type

Syndicated amount

N/A

Financing amount

USD $ 300,000,000

Currency

COP

Project scope and objective

The Buga-Buenaventura Road Corridor (the “Project”) is a Fifth Generation Concession (“5G”) project led by the Government of Colombia, through the National Infrastructure Agency (“ANI”). This project was awarded to the company Unión Vial Camino del Pacífico, S.A.S (the “Concessionaire” or the “Client”), which is fully owned by the company Sacyr Concesiones.

The Project involves financing, construction, rehabilitation, improvement, commissioning, operation, and maintenance of the Buga–Buenaventura Road corridor (the “Corridor”), which spans 128 kilometers (“km”) in the Department of Valle del Cauca, Colombia. The Project includes improving and maintaining 128km of existing toll roads, rehabilitating 24km, and extending 35 km of sections currently on single to dual carriageways. 

The Preconstruction Phase of the Project began in early 2023. The Construction Phase of the Project, which started in August 2024, will last approximately 5 years, while the Operation and Maintenance Phase will extend for up to 29 years from the start date of the concession.

IDB Invest will participate in the project’s financing up to the specified amount, with resources to be used to cover the project's costs until it becomes operational.

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Early disclosure

5G TOLL ROAD BUGA-BUENAVENTURA FINANCING - ENVIRONMENTAL AND SOCIAL STRATEGY(ESS)

139.9 Kb

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.

AUTOPISTA BLB ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)

450.6 Kb

AUTOPISTA BLB ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)

153.6 Kb

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Contact information

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Alternatively, you may also use the following contact information :

Client Contact

EMAIL

lbaron@sacyr.com

PHONE NUMBER

+57 313 8517733

POST OFFICE ADDRESS

Calle 99 # 14-45 Bogotá, Colombia.

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

For inquiries, comments and information requests about the project

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Learn more about how we provide private-sector solutions in the region .