Company name
Union Vial Rio Pamplonita S.A.S.
Project number
14094-01
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
A
Country
![](https://idbinvest.org/sites/default/files/styles/size54x40/public/2018-03/Columbia.png?itok=fv-4o9TG)
Colombia
Sector
![](https://idbinvest.org/sites/default/files/styles/size38x28/public/2021-02/TRANSPORT.png?itok=fvLZ15DD)
Transport
Status
In implementation
Disclosed date
07/11/2022
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
05/09/2023
Approval date
05/09/2023
Signed date
06/22/2023
Sponsoring entity
N/A
Investment Operations Department Contact
Portfolio Management Division
Investment type
Syndicated amount
USD $ 175,000,000
Financing amount
USD $ 125,000,000
Currency
COU, USD
Project scope and objective
The Pamplona - Cúcuta corridor (the “Project”) is part of the fourth generation (“4G”) concessions program led by the Government of Colombia through the National Infrastructure Agency (“ANI”). The Project contemplates the financing, construction, improvement, rehabilitation and maintenance of a 62.00 km long road that connects the towns of Pamplona and Cúcuta (through the municipalities of Pamplona, Pamplonita, Chinácota, Bochalema and Los Patios), located in the department of Norte de Santander in Colombia, on the border with Venezuela. The concession contract, whose duration is 25 years, extendable up to 29 years, was awarded in June 2017 to Unión Vial Río Pamplonita S.A.S (“UVRP” or the “Concessionaire”).
The Project will enhance commercial competitivity and connectivity of northeastern Colombia with Venezuela and promote the economic and social development of the communities that live in the 9 municipalities under direct influence: Pamplona, Pamplonita, El Diamante, Chinacota, Bochalema, La Donjuana, Los Vados, Los Patios and Cúcuta. The ultimate goal of the Project is to transform the existing infrastructure into a world-class dual carriageway highway, optimizing travel time between the border with Venezuela and the city of Pamplona, and significantly improving the safety and comfort of the road users.
Construction activities of the Project began in August 2018. As of May 2022, civil works execution was close to 76% and estimated to be concluded by first half of 2023.
The Project was originally funded through a medium-term financing structure (commonly known as "Mini-Perm"). For this reason, it requires a refinancing, in which IDB Invest is expected to participate, helping to mobilize resources from investors in the capital markets.
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Contact information
For inquiries, comments and information requests about the project
Request informationAlternatively, you may also use the following contact information :
Client Contact
mjose@sacyr.com
PHONE NUMBER
+57 318 8279596
POST OFFICE ADDRESS
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
Request informationLearn more about how we provide private-sector solutions in the region .
Early disclosure
For projects with high environmental or social risk an Environmental and Social Strategy (ESS) is prepared early on during the project appraisal and prior to carrying out the environmental and social due diligence (ESDD). The ESS includes the initial E&S risk categorization and a brief description of potential Performance Standards applicable to the project. The ESS for this project is available below. Together with the ESS, IDB Invest also provides access to the client’s preliminary E&S documents that will be reviewed during the ESDD. The client E&S documents for this project can be found under the “CLIENT FILES” section below. Once the environmental and social due diligence is completed, an Environmental and Social Review Summary (ESRS) for the Project will be published on this page.
ROADWAY PAMPLONA - CÚCUTA - ENVIRONMENTAL AND SOCIAL STRATEGY (ESS)
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