Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Peru
Location: Huánuco (Huánuco Region) to Huallanca (Bolognesi Region)
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • Inter-American Development Bank (IADB)
Status: Implementation
Bank Risk Rating: A
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: 2016-12-14
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.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Construction
  • Infrastructure
  • Transport
Investment Type(s): Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 80.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.

Currency conversion note:
Bank reported 80.00
Converted using 2016-12-14 exchange rate.
Project Cost (USD): $ 495.07 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

Currency conversion note:
Bank reported
Converted using 2016-12-14 exchange rate.

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Primary Source

Original disclosure @ IADB website
Updated in EWS: 2017-11-06
Disclosure Date: 2015-12-22
Improvement Huanuco Road, Conococha Huanuco Sector - Huallanca PE - 3N Route Pro
IADB-PE-L1151

Project Description
The project's objective is to finance 1 section of the Longitudinal Highway in the Highlands, in a total of 150 km. The sections is Huanuco-Huallanca.
Investment Description
TOTAL COST: USD 495,070,000 COUNTRY COUNTERPART FINANCING: USD 415,070,000 IDB FINANCING: USD 80,000,000
Contact Information
ACCOUNTABILITY MECHANISM OF IDB/ IIC The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).
Bank Documents