Peru Water (IFC-602550)

Countries
  • Peru
Where the impacts of the investment may be experienced.
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
U
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.
Borrower
Private Investment Promotion Agency ('Proinversion' or 'Client')
The holder of the loan, grant, or other investment.
Sectors
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 2.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 2.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Nov 26, 2018

Disclosed by Bank Oct 31, 2018


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Project Description

IFC will support the Private Investment Promotion Agency ('Proinversion' or 'Client'), a public agency of the Government of Peru (GoP), in implementing its "Drinking Water Catchment and Transfer infrastructure to supply Lima" project (the Project). IFC will work with Proinversion to structure and implement a competitive tender to select and contract a qualified private sector partner through a public-private partnership. The partner will invest in Lima’s bulk water supply infrastructure, and increase the availability of clean water for the city through sustainable management of associated water treatment and supply facilities.

People Affected By This Project

The successful implementation of this project is expected to expand people’s access to, and increase the availability of, Lima’s drinking water supply in its Northern and Southern districts; increase storage capacity of water resources during the rainy season; and increase the treatment capacity of Lima’s bulk water to bring it to drinking water standards.

Investment Description
  • International Finance Corporation (IFC)
Contact Information

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 CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/