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Company name

Puerto Bahía Colombia de Urabá S.A.

Project number

12378-01

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

In implementation

Disclosed date

03/22/2019

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

Projected board date
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10/01/2019

Approval date

12/11/2019

Signed date

12/30/2021

Sponsoring entity

CMA Terminal Holding, Eiffage Infrastructure S.A.S, Agrícola Santamaría S.A.S, C.I.Uniban S.A.,C.I. Banacol S.A., C.I.Banafrut S.A., C.I. Tropical S.A., Puertos, Inversiones y Obras S.A.S. (“PiO”), Instituto para el Desarrollo de Antioquia (IDEA)

Investment Operations Department Contact

Portfolio Management Division

Investment type

Syndicated amount

N/A

Financing amount

USD $ 173,000,000

Currency

USD

Project scope and objective

The project consists of the design, construction, operation and maintenance of a greenfield multipurpose port facility located in the Gulf of Urabá, Antioquia, Colombia, under a 30-year concession contract (the “Project”). The Project will build up on existing and captive traffic (major shipping lines already call at Urabá despite the lack of modern port facilities), becoming the main outlet for Urabá’s banana and fruit exports, which represent 75% of Colombian banana exports. Due to its location and logistic cost advantages, it is also expected that Puerto Antioquia will divert cargo in/out of Medellin (2nd largest city in Colombia and main international trade region in Colombia), in/out Bogotá and their surrounding areas.

Project Cost is estimated at US$650 million, including; (i) an offshore deck with 1337 meters of berth (570 for container, 537 for bulk & general cargo, 230 for RoRo) capable of handling super post-Panamax vessels; (ii) a 3.8km viaduct and access road that connects the offshore deck with the inland terminal; and (iii) 38ha inland terminal/logistic facilities, including a container yard, dry-bulk storage facilities, warehouses, inspection areas, maintenance and admin buildings and utilities. The Project’s initial handling capacity is of 600,000 TEU (expansible to 800,000 TEU), 1.15M tones of general cargo/year, three million tons of bulk cargo, and 60,000 vehicles. The Project currently has land access routes, but prior to start of operations there will be an alternate road build of 13 Km, in order to allow for the progressive expansion of port operations.
 

Amendment: The project's total funding has increased to US$706.2 million since its initial approval in 2019. This includes the following components: (i) an offshore deck with 4 berths capable of handling post-Panamax vessels; (ii) a viaduct and an access road connecting the marine deck to the inland terminal; (iii) land terminal/logistics facilities; and (iv) a 115 kv transmission line. The IDB Group and IDB Invest's managed funds exposure to the project will be US$223 million.

The initially planned 13 km road has been discarded. The new plan is to build a 4.3 km bypass around Nueva Colonia and make some improvements to the existing road from Río Grande to Nueva Colombia. These works will be provided by the National Government.

 

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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.

EARLY DISCLOSURE

29.9 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.

ENVIRONMENTAL AND SOCIAL REVIEW

31.4 Kb

Client files

This section provides the key environmental and social assessment documents produced by the client for this project.

LICENCIA AMBIENTAL

3.8 Mb

I. INITIAL PROJECT SUMMARY

59.9 Kb

II. EXECUTIVE SUMMARY

6.0 Mb

III. ENVIRONMENTAL AND SOCIAL IMPACT ASSESSMENT - ESIA - CHAPTERS 1-2

15.7 Mb

III. ENVIRONMENTAL AND SOCIAL IMPACT ASSESSMENT - ESIA - CHAPTER 3

24.6 Mb

III. ENVIRONMENTAL AND SOCIAL IMPACT ASSESSMENT - ESIA - CHAPTER 4

1023.1 Kb

III. ENVIRONMENTAL AND SOCIAL IMPACT ASSESSMENT - ESIA - CHAPTER 5.1

62.3 Mb

III. ENVIRONMENTAL AND SOCIAL IMPACT ASSESSMENT - ESIA - CHAPTER 5.2

32.0 Mb

III. ENVIRONMENTAL AND SOCIAL IMPACT ASSESSMENT - ESIA - CHAPTER 5.3

17.8 Mb

ENVIRONMENTAL AND SOCIAL IMPACT ASSESSMENT - ESIA - CHAPTER 5.4

4.7 Mb

ENVIRONMENTAL AND SOCIAL IMPACT ASSESSMENT - ESIA - CHAPTER 6

1.1 Mb

ENVIRONMENTAL AND SOCIAL IMPACT ASSESSMENT - ESIA - CHAPTER 7

7.7 Mb

ENVIRONMENTAL AND SOCIAL IMPACT ASSESSMENT - ESIA - CHAPTER 8

8.2 Mb

ENVIRONMENTAL AND SOCIAL IMPACT ASSESSMENT - ESIA - CHAPTER 9

840.6 Kb

ENVIRONMENTAL AND SOCIAL IMPACT ASSESSMENT - ESIA - CHAPTER 10

1.6 Mb

ENVIRONMENTAL AND SOCIAL IMPACT ASSESSMENT - ESIA - CHAPTER 11

15.7 Mb

IV. ESIA ANNEXES - MAP DIAGRAMS

28.2 Mb

IV. ESIA ANNEXES - CHAPTER 5 ANNEXES

16.9 Mb

IV. ESIA ANNEXES - CHAPTER 8 ANNEXES

1.3 Mb

ANNEX - CHAPTER 8

1.5 Mb

IV. ESIA ANNEXES - CHAPTER 11 ANNEXES

9.5 Mb

ANNEX - CHAPTER 11

16.1 Mb

ESIA ANNEX GENERAL LAYOUT 1.PDF

6.1 Mb

ANNEX CHAPTER 7 0.PDF

46.3 Mb

SUPPLEMENTAL ESIA MAIN DOCUMENT.PDF

12.2 Mb

SUPPLEMENTAL ESIA ANNEX.PDF

6.7 Mb

STAKEHOLDER ENGAGEMENT PLAN.PDF

2.4 Mb

2019-08-29 - ESRS ESAP 0.PDF

539.3 Kb

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Contact information

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Alternatively, you may also use the following contact information :

Client Contact

EMAIL

shernandez@puerto-antioquia.com

PHONE NUMBER

+57 4 828 32 83

POST OFFICE ADDRESS

Cr. 100 con Cl. 89 Edificio Centro Empresarial Santa Maria, piso 9 Apartadó, Antioquia 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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