Puerto Antioquia Project (DFC-PUERTOANTIOQUIA)

Countries
  • Colombia
Geographic location where the impacts of the investment may be experienced.
Specific Location
Municipality of Turbo
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
  • US International Development Finance Corporation (DFC)
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."
Borrower
PiO SAS
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Construction
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
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 @ DFC website

Updated in EWS Jun 24, 2022


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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 Project involves the development, construction and operation of a multi-purpose port facility for handling containers, dry bulks, general cargos and roll-on roll-off cargo, located near the city of Turbo, on the Gulf of Uraba, in the northern part of the Department of Antioquia. The Project consists of: an offshore marine terminal, an onshore logistics area on the banks of the Leon River, a 4 km trestle with bridge that connects the offshore and onshore areas, an onshore bridge over the Leon River, an approximately 2.5 km access road from the onshore terminal to the town of Nueva Colonia, worker housing for 400 workers, and an approximately 4 km transmission line from the Nueva Colonia substation to the port. EPM, the national electricity authority, is planning to construct a longer transmission line to connect the Nueva Colonia substation to Turbo. Details regarding the route and potential impacts of this EPM transmission line will be reviewed once known. The Project is considering construction of new roads for port traffic during the operational phase. The road alternatives being considered vary between 7.5 and 11.5 km in length and would pass primarily through banana plantations, minimizing potential impacts to communities.
A 30-year concession for the Project from the Agencia Nacional de Infraestructura (ANI) has been granted for the exclusive use of an offshore area of 130 ha; onshore facilities will be on 38 ha of private land. The land site is currently a green field used for agricultural/cattle management purposes. The surface area of the offshore facility will be 12.8 ha. To connect the offshore viaduct with the onshore terminal, the Project will build a bridge over the Leon River and a 778 m long – 20 m wide road. This road that will be constructed will affect 1.55 ha of land pertaining to the Protected Area (PA) Reserva Forestal Protectora de los Humedales entre los ríos León y Suriquí. The area presents mangroves habitats and different species of relevant importance for the local ecosystem. The degree of project impacts to artisanal fishing activities in the Gulf of Uraba is being assessed.
Acquisition of the onshore land involved resettlement of the El Canal Community. The relocation of 33 out of 35 households was carried out in 2015. Negotiations with the remaining two households are ongoing and resettlement is expected to occur in the near future. In addition to the El Canal Community, the community of Nueva Colonia will be directly impacted by the Project. In March 2018, the Ministry of Interior recognized and officially registered the Consejo Mayor de Comunidades Negras de Nueva Colonia-COMANUNCO as an Afro-descendent community. Other communities in the Project area of influence include Puerto Girón and Rio Grande. Puerto Girón is an Afro-descendent community officially recognized by the Colombian Government in 2013 and located 1.7 km upstream of the project area on the right bank of the Rio Leon. The community of Rio Grande, which is located 9.5 km from the port site, will be impacted by traffic from the Project.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

There wasn't any Funding information at the moment of the snapshot.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - PiO SAS Contractor -

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.

ACCESS TO INFORMATION

Unlike many other development finance institutions, DFC does not currently have an access to information policy.

 

Under the United States Freedom of Information Act (FOIA), DFC is obliged to respond to reasonably formulated requests for Agency records. However, DFC may apply exemptions from release to certain types of information and may charge fees in responding to requests. DFC has a designated FOIA officer who is trained in how to respond to requests and implement the law. You can learn more about filing a FOIA request at: https://www.dfc.gov/foia.



ACCOUNTABILITY MECHANISM OF THE UNITED STATES INTERNATIONAL DEVELOPMENT FINANCE CORPORATION (DFC)

 

The Office of Accountability is an independent office that addresses complaints about environmental or social issues related to DFC-supported projects. The office provides communities an opportunity to have concerns independently reviewed and addressed. If you submit a complaint to the Office of Accountability, it may assist you by either seeking to address your problems by facilitating a problem solving dialogue between you and those implementing the project and/or investigating whether the DFC complied with its policies to prevent environmental, social, human rights, and labor harms. 

 

You can find more information about the Office of Accountability at: https://www.dfc.gov/who-we-are/office-accountability.

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How it works