Santana-Neiva 4G (IFC-38252)

  • Colombia
Geographic location where the impacts of the investment may be experienced.
Specific Location
Putumayo, Cauca and Huila
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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
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 31, 2017
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.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 150.00 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.
Primary Source

Original disclosure @ IFC website

Updated in EWS Aug 16, 2017

Disclosed by Bank Jan 20, 2017

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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.
IFC is considering an A/B Loan of up to US$194 million to support the Santana Neiva 4G; a 25 to 29 year PPP concession for the construction, improvement, rehabilitation, operation and maintenance of the 456km existing corridor between Santana, Mocoa and Neiva in Colombia. The Project is part of the second phase of projects under Colombia’s 4G toll road concession program, which represents the largest infrastructure investment program undertaken to date in the country.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Aliadas para el Progreso is the Project's concessionare and its sponsors are CAS (62.22%), CASS Constructores (30.78%), and Latinco S.A. (7.00%). All project Sponsors are reputable construction companies with over 50 years of experience in the sector: (a) CAS and CASS Constructores are two of Colombia's largest toll road concessionaires, led by Carlos Alberto Solarte, a Colombian civil engineer with over 40 years of experience in infrastructure projects who has intervened over 12,00 Km roads. (b) Latinoamericana de Construcciones S.A. (Latinco, 7.00%): A Colombian construction company established in 1994. It focuses on infrastructure development, design and construction. The company also has investments in the power sector. In addition to their experience in road construction, rehabilitation, maintenance and construction of bridges and tunnels, among others, Latinco produces aggregates and components for asphalt production. It has been awarded with over 13 projects in Colombia including hydros and road construction).

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.
ACCOUNTABILITY MECHANISM OF IFC 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 You can learn more about the CAO and how to file a complaint at

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