Fondo BPS S.A.
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 $ 10,000,000
USD $ 55,000,000
Project scope and objective
The Project consists of a Term Loan to Fondo BPS S.A., a special purpose vehicle established in Panama (the “Company”), and its shareholder BPS General Partner Corp. (the ”Sponsor”), with the purpose of executing construction, operation, and maintenance of a private 31 km toll motorway from km 142.6 CA-2 Occidente road, San Antonio Suchitepéquez Municipality, to km 172.5 CA-2 Occidente road, San Andrés Villa Seca Municipality, in Guatemala (the “Project’). The expected useful life of the asset is 40 years and is expected to be completed in approximately two years.
In addition, IDB Invest will seek to mobilize blended finance funds which will be critical to support the sponsor in the implementation of i) climate change adaptation and resilience infrastructure and ii) gender labor programs.
For inquiries, comments and information requests about the projectRequest information
Alternatively, you may also use the following contact information:
+502 2291 8100
IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005