FCP 4G Credicorp Capital and Sura Asset Management Fund 2 (IFC-44984)

  • Colombia
Geographic location where the impacts of the investment may be experienced.
Specific Location
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
Jan 17, 2022
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.
  • Finance
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)
$ 40.00 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)
$ 40.00 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 Jun 24, 2022

Disclosed by Bank Nov 17, 2021

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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.

The proposed project entails an IFC equity investment of up to US$40m equivalent in COP (COP$150,000m) or up to 20% of the total commitments, as limited partner in an infrastructure debt fund managed by Unión para la Infraestructura S.A.S. (“UPI” or the “Manager”). This will be an IFC follow-on investment in compartment A of UPI’s second debt fund (the “Second Fund” or the “Fund”). The Second Fund will be earmarked to finance toll-roads and airports projects under the 4G and 5G infrastructure programs in Colombia (the “Project”). In December 2015, IFC committed COP$150,000m (US$48m) in UPI’s first debt fund (the “First Fund”), which provided senior debt financing to four projects under Colombia’s 4G toll-road concession program.

People Affected By This Project
People Affected By This Project refers to the communities of people likely to be affected positively or negatively by a project.

The Project has an Anticipated Impact Measurement and Monitoring (AIMM) rating of Satisfactory. The most significant, expected project-level outcome comes from the improved access to road infrastructure and it supported by the improved quality of finance for infrastructure projects through the provision of longer-tenor funding. Beyond the Project, IFC anticipates that the investment will promote competitiveness by fostering the creation of infrastructure debt funds as an investible asset class for institutional investors with a long-term focus and a complementary source of funding for infrastructure projects through demonstration and replication effects.

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.

Unión Para La Infraestructura S.A.S.
Adriana Gallego / Cristina Peláez
Directora Técnica / Directora Crédito
57 1 4320930      
Carrera 7 No. 71 – 21 Torre B Ofic. 1602 Bogotá, Colombia



You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries.


If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly,  you can submit a complaint at the link above to IFC’s Access to Information Policy Advisor, who reports directly to IFC’s Executive Vice President. 


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/

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How it works