La Dorada - Chiriguana Railway Corridor (IDBI-15900-01)

Countries
  • Colombia
Geographic location where the impacts of the investment may be experienced.
Specific Location
Caldas, Cesar
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.
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
Mar 28, 2026
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
Sacos de Polipropileno Especializados, S.A. de C.V.
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)
$ 200.00 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)
$ 200.00 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.
Project Cost (USD)
$ 200.00 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 Jan 29, 2026

Disclosed by Bank Dec 15, 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 to the IDBI, the APP La Dorada - Chiriguana Railway Corridor is a strategic initiative led by the National Infrastructure Agency (ANI) to reactivate freight rail transport in Colombia, promoting intermodality and logistical efficiency. The project involves the construction, rehabilitation, improvement, commissioning, operation, and maintenance of a railway corridor of approximately 525 kilometers, connecting the municipalities of La Dorada (Caldas) and Chiriguana (Cesar), and crossing five departments and twenty-five municipalities. It also includes the modernization of administrative and operational infrastructure, such as control buildings, workshops, communication and signaling systems, as well as the construction of logistics centers for cargo transfer.

The scope of the project covers three main functional units: (1) the rehabilitation and operation of the railway corridor and its branches, (2) the construction and operation of administrative and operational control infrastructure, and (3) the logistics infrastructure for cargo transfer services. The project aims to strengthen connectivity between the country's center and the Caribbean coast, boost foreign trade, energize local economies, and improve road and pedestrian safety in the areas of influence. It also encourages the hiring of local labor, the participation of regional suppliers, and the improvement of educational infrastructure, contributing to environmental sustainability through the reduction of CO2 emissions and efficient resource use.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

According  to Bloomberg, Sacos De Polipropileno Especializado, S.A. De C.V. was founded in 1999. The Company's line of business includes the manufacturing of plastic and laminated coated bags.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Sacos de Polipropileno Especializados, S.A. de C.V. Client -

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.

PHONE NUMBER: +573183348247

POST OFFICE ADDRESS: Avenida Carrera 9 No. 115 - 06 Bogota, Colombia.

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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