Pontificia Universidad Javeriana (IFC-37307)

Countries
  • Colombia
Where the impacts of the investment may be experienced.
Specific Location
Bogotá
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
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project 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.
Voting Date
Feb 12, 2016
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.
Borrower
PONTIFICIA UNIVERSIDAD JAVERIANA
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Education and Health
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 110.00 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 2016-02-12 exchange rate.
Primary Source

Original disclosure @ IFC website

Updated in EWS Aug 16, 2017

Disclosed by Bank Dec 22, 2015


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Project Description
This project provides funding intended towards major construction to expand the campus of the Ponitifica Universidad Javeriana. It includes construction of and equipping for a new main 11300 square meter student building, new 19000 square meter engineering, health and science faculty buildings and demolition of 14,400 square meter of these old faculty buildings; and Edificio Calle 125. Edificio Calle is not located on the campus itself, and will involve construction in the city of Bogotá itself.
Investment Description
  • International Finance Corporation (IFC)
It is not stated what the size or nature is of the specific investment by the International Finance Corporation. The total cost ($110 million) is the only amount specified.
Contact Information
*no contact information provided* ACCOUNTABILITY MECHANISM OF IFC/MIGA: The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/