Anillo Vial Periferico: Transforming Lima's Urban Road Infrastructure (IDBI-15376-01)

Countries
  • Peru
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • IDB Invest (IDBI)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jun 17, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Sociedad Concesionaria Anillo Vial SAC
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 400.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 400.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ IDBI website

Updated in EWS Mar 31, 2025

Disclosed by Bank Feb 11, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According with the IDB Invest, The Project, which involves the construction, operation, and maintenance of a 34.8 km long, six lane, toll expressway in Lima, Peru, will also include toll-free side roads for local traffic, 4.22 km of double and triple lane tunnels, 11 viaducts, 16 underpasses, 18 overpasses, pedestrian crossings every 500 m, 3 main toll stations, and two lateral toll stations. Once in operation, it is expected to (i) significantly reduce traffic congestion in Lima by diverting heavy vehicles from the oversaturated existing grid, (ii) improve the connectivity between the airport, port, and other national highways, and (iii) benefit over 4.5 million people.

For construction purposes, the Project has been divided in three stretches ("Tramo"): Tramo 1, which is 8.7 km long, extends through El Callao, San Martin de Porres, and Los Olivos, from the Ovalo de las 200 miles to the Panamericana Norte, at the Ovalo del Naranjal; Tramo 2, with a total length of 15.1 km, that stretches through Independencia, Comas, San Juan de Lurigancho, and Lurigancho-Chosica to the Avenida Ramiro Priale; and Tramo 3, a 11.0 km section, that extends through El Agustino, Santa Anita, La Molina, and San Luis to Avenida Rosa Toro, 70 m past Avenida Circunvalacion.

Each Tramo will progress through three phases: pre-construction, expected to take 1.5 to 5 years, will focus on securing rights of way, including land acquisition and relocation; construction, foreseen to last 7 years, will comprise both of greenfield and brownfield works; and operation that will extend for a minimum of 30 years.

The Project will involve the acquisition of 653 governmental and 3,487 privately-owned properties and require the resettlement of approximately 3,399 social units (38 in Tramo 1; 3,216 in Tramo 2; and 145 in Tramo 3).

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

EMAIL: requestinformation@idbinvest.org

PHONE: +1(202)-566-4566

ADDRESS: 1350 New York Ave NW, Washington, DC 20005

ACCESS TO INFORMATION

You can submit a request for information disclosure at: https://www.iadb.org/en/access-information/information-request

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).

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