Troncal del Magdalena I
Autopista Magdalena Medio S.A.S.
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.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
USD $ 62,627,900
Project scope and objective
The Troncal del Magdalena I (the “Project) is the third project of the fifth generation (5G) concession program led by the Government of Colombia through its National Infrastructure Agency (ANI). The Project is being executed by Autopista Magdalena Medio S.A.S. (the “Concessionaire” or the “Client”), formed by KMA Construcciones S.A. (50%) and Ortiz Construcciones y Proyectos S.A. (50%).
The Project considers the financing, construction, improvement, rehabilitation, and maintenance of the Puerto Salgar–Barrancabermeja corridor (the “Corridor”), which is 260 km long and joins the towns of Puerto Salgar, located in the Department of Cundinamarca, with Curumaní, Barrancabermeja, located in the Department of Santander, extending through the Department of Boyacá.
The Project is currently in pre-construction phase and is estimated to start construction by the end of 2023, during forty-seven (47) months. Afterwards, it will enter in operations phase for a term of 25 years, measured from concession start date (December 01, 2022)
The costs of the Project are estimated at approximately US$630 million and will be financed through a bi-currency miniperm (COP/US$) of up to 8 years, which will be refinanced once the Project is close to entering operation phase. Under the proposed financing, IDB Invest will lend up to COP 250,000 million within the less liquid local currency tranche, helping to mobilize resources from local banks.
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.
This section provides the key environmental and social assessment documents produced by the client for this project.
EIA (UFS 1,2,3,4,6,7,8,9,10,12 Y13) ) TRAMOS 2,3 Y 4 (PARCIAL) CAP 02 DESCRIPCION DEL PROYECTO
EIA (UFS 1,2,3,4,6,7,8,9,10,12 Y13) ) TRAMOS 2,3 Y 4 (PARCIAL) CAP 04 DEMANDA DE RECURSOS NATURALES
EIA (UFS 1,2,3,4,6,7,8,9,10,12 Y13) ) TRAMOS 2,3 Y 4 (PARCIAL) CAP 07 Y 08 PMA AJUSTADO Y PLAN DE SEGUIMIENTO Y MONITOREO
EIA (UFS 1,2,3,4,6,7,8,9,10,12 Y13) ) TRAMOS 2,3 Y 4 (PARCIAL) CAP 09 PLAN DE CONTINGENCIAS VÍA Y FUENTES DE MATERIALES
EIA (UFS 1,2,3,4,6,7,8,9,10,12 Y13) ) TRAMOS 2,3 Y 4 (PARCIAL) CAP 10 PLAN DE ABANDONO Y RESTAURACIÓN FINAL
EIA (UFS 1,2,3,4,6,7,8,9,10,12 Y13) ) TRAMOS 2,3 Y 4 (PARCIAL) CAP 12 ANÁLISIS ECONÓMICO DE IMPACTOS
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