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Company name

Rutas del Este S.A. (SACYR)

Project number

11895-03

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

Paraguay

Sector

Transport

Status

Completed

Disclosed date

09/21/2017

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

Projected board date
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01/23/2017

Approval date

06/25/2019

Signed date

09/27/2019

Sponsoring entity

Sacyr Concesiones, Mota Engil y Ocho A S.A.

Investment Operations Department Contact

N/A

Investment type

Syndicated amount

N/A

Financing amount

USD $ 200,000,000

Currency

USD

Project scope and objective

This Project consists of the expansion and improvement of National Route No. 2 (Mariscal José Félix Estigarribia) and Route No. 7 (José Gaspar Rodríguez de Francia) from Ypacaraí (Km42) to the Tape Pora concession (Km 183), encompassing a 141 Km extension. Construction works include duplicating and/or expanding the road with four lanes, building bridges, overpasses, service roads, and bypasses for traffic re-routing in main urban areas. This Project is carried out under a Public-Private Partnership (PPP) based on provisions under Law 5,102/13 “Promotion of Public Infrastructure Investments, and Expansion and Improvement of State-owned Goods and Services”. The Ministry of Public Works and Communications (MOPC in Spanish) is the authority awarding the PPP agreement, and the government agency responsible for developing environmental and social guidelines for the Project design, construction, operation, maintenance, and closing phases.

The IIC participation will contribute to leverage international market resources through a guarantor position during the initial construction phases, and then the Corporation will become a long-term lender of the Project over the PPP contract.

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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

31.7 Kb

ESRS ROUTES 2-7 .PDF

422.1 Kb

Client files

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

EIA RUTAS 2-7.PDF

8.9 Mb

PLAN DE REASENTAMIENTO COMPLEMENTARIO - RUTAS 2-7.PDF

13.2 Mb

EGIA RUTAS 2 Y 7 0.PDF

753.9 Kb

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Contact information

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Alternatively, you may also use the following contact information :

Client Contact

EMAIL

N/A

PHONE NUMBER

N/A

POST OFFICE ADDRESS

N/A

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