Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Paraguay
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • World Bank (WB)
Status: Active
Bank Risk Rating: B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Board Decision Date: 2016-07-25
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Investment Amount (USD): $ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD): $ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

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Primary Source

Original disclosure @ WB website
Updated in EWS: 2017-12-06
Disclosure Date: 2014-11-04
PY Transport Connectivity
WB-P147278

Project Description
The development objectives of Transport Connectivity Project for Paraguay are: to (a) reduce transport connectivity costs and improve road safety along selected paved road sections that pass through targeted departments; and (b) improve the Borrower’s planning and national road asset management capacity. This project has four components. 1) The first component, Road Rehabilitation and Maintenance CREMA Contracts, will support (a) carrying out, under the terms of two CREMA contracts, the rehabilitation and maintenance works for approximately 319 km of the identified sections of the national paved roads; and (b) carrying out the supervision of works under the CREMA contracts aiming at reducing transport costs in the targeted departments. 2) The second component, Road Safety has two subcomponents. (i) the first subcomponent, the financing of road safety improvement interventions, will be targeting the most vulnerable users near urban areas along the identified sections of the national paved roads; (ii) the second subcomponent, an additional pilot subcomponent will support road safety improvement interventions (other than those under the CREMA Contracts) with the goal of improving road safety conditions in eligible municipalities, within project targeted departments, such as, inter alia, road marking of exclusive areas, the installation of traffic lights in urban areas, the construction of speed bumps, roundabouts, ramps for people with disabilities and of pedestrian paths in school vicinities. 3) The third component, Road Asset Planning and Management, will support the consolidation of the Ministry of Public Works and Communications (MOPC) strategic road management methodologies and systems, building on the efforts of the Road Maintenance Project to strengthen the client’s monitoring and evaluation (M and E) capacity. 4) The fourth component, Project Management and Imple
Investment Description
Contact Information
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Bank Documents