The Rumichaca - Pasto corridor (the "Project") is part of a group of fourth generation concessions ("4G") headed by the Government of Colombia through its National Infrastructure Agency ("ANI").
The Project, operated by the Concesionaria Vial Unión del Sur (the “Concessionaire”), covers 83 km of highways located in the Department of Nariño (southern Colombia) that connect the Rumichaca border crossing, located on the international border between Colombia and Ecuador, with the city of Pasto. The Project includes: i) the rehabilitation of 15.7 km between Rumichaca and the San Juan district in Ipiales; ii) the construction of 62.1 km of dual carriageway between the townships of San Juan and Catambuco, in the city of Pasto (25 km of completely new dual carriageway between San Juan and Pilcuán Viejo); and iii) 5.2 km of improvement of the road in the Catambuco - Pasto section.
For monitoring purposes, the Project has been divided into five Functional Units (“FU”) as follows: () i) UF1, which connects Rumichaca with Contadero, 24.66 km long; ii) UF2, between Contadero and Iles, 12.27 km long; iii) UF3 between Iles and Pedregal, 7.20 km long; iv) UF4 between Pedregal and Tangua, 15.75 km long; and v) UF5 between Tangua and Pasto, 22.18 km long. As of April 2021, the execution of civil works was close to 90%. It is estimated that the planned works will be completed in the remainder of 2021.
The Project was originally funded through a medium-term financing structure (commonly known as "Mini-Perm"). For this reason, it requires a refinancing, in which IDB Invest hopes to get involved helping to mobilize resources from institutional investors.
The investment type was not available at the moment of the snapshot.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Concesionaria Vial Union del Sur SAS||Contractor||Transport|
Name: Fernando Otoya Jaramillo
Title: CFO Sacyr Concesiones Colombia
Telephone: + 57 1 7 44 23 20
Name: Eduar Valbuena
Title: Environmental Coordinator Sacyr Concesiones Colombia
Telephone: + 57 1 7 44 23 20
ACCESS TO INFORMATION
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ACCOUNTABILITY MECHANISM OF IDB / IDB INVEST
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 (IDB Invest)-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 IDB Invest 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).