Construccion Carretera Santa Cruz-Las Cruces-Buena Vista (CAF-Boli-40414)

Countries
  • Bolivia
Geographic location where the impacts of the investment may be experienced.
Specific Location
Santa Cruz
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
  • Development Bank of Latin America (CAF)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
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
Government of Bolivia
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Infrastructure
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Loan Amount (USD)
$ 112.00 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)
$ 212.00 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 @ CAF website

Updated in EWS Jun 14, 2020

Disclosed by Bank Jul 4, 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.

Con el objetivo de dar mayor fluidez al tráfico en el área metropolitana de Santa Cruz, que se ha incrementado con la construcción de la Carretera Bioceánica, el proyecto contempla la construcción de la carretera Santa Cruz – Las Cruces - Buena Vista, con una longitud de 81 kilómetros, que permitirá que el transporte pesado entre Argentina y las ciudades de La Paz y Cochabamba, no pasen por Portachuelo, Montero, Warnes ni el 4to anillo de la capital, disminuyendo el volumen de transporte pesado que circula por la carretera al Norte Integrado.

Este proyecto conectará la carretera nueva a Cochabamba con la vía a Camiri, reduciendo tiempo, costos y distancia en aproximadamente 50 kilómetros, además de favorecer el desarrollo socio-económico de las zonas por la que se desarrollará el proyecto.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

Not available

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.

El titular del proyecto sostiene que las comunidades beneficiadas con esta carretera serán Huaitú, Porongo, las Cruces, San Simón, Santa Fe, Espejitos y Buena Vista, zonas productoras de frutas, lo que permitirá ampliar su cantidad de producción y tener otras salidas para venderlos.

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

The project will be cofinanced by the Government (Administradora Boliviana de Caminos), the OPEP Fund for International Development (OFID) and the Autonomous Government of the Santa Cruz Department (Gobierno Autónomo Departamental de Santa Cruz)


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.

Not available

How it works

How it works