Transportation Program for the San Salvador Metropolitan Area II (IADB-ES-L1096)

Countries
  • El Salvador
Where the impacts of the investment may be experienced.
Specific Location
San Salvador
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
  • Inter-American Development Bank (IADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
B
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.
Sectors
  • 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, etc.
Investment Amount (USD)
$ 85.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IADB website

Updated in EWS Jul 20, 2017

Disclosed by Bank Apr 1, 2016


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Project Description
FROM IADB: The general objective of the program is to contribute to improving the conditions of public passenger transport and general traffic in the San Salvador Metropolitan Area (AMSS), through the implementation of a segregated urban public transport corridor. The specific objectives of the program are to improve the quality of the public transport service, increase reliability and reduce travel times in one of the main transport corridors of the AMSS. In addition, the program will contribute to improving urban road safety and improving environmental pollution. The project will obtain the following products and results: (i) physical: through the execution of the works, the recovery of the urban space through the improvement of platforms, pedestrian crossings, stops, access areas, and road signs; And (ii) operational: such as reduction of time, transportation costs and user satisfaction.
Investment Description
  • Inter-American Development Bank (IADB)
The proposed loan will be for up to US$85 million.
Contact Information
ACCOUNTABILITY MECHANISM OF IADB The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).