Support Border Integration Program (IADB-NI-G1020)

  • Nicaragua
Geographic location where the impacts of the investment may be experienced.
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
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."
  • Industry and Trade
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)
$ 22.42 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.
Loan Amount (USD)
$ 0.13 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 @ IADB website

Updated in EWS Oct 12, 2017

Disclosed by Bank Aug 14, 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.
The objective of the Border Integration Program Support of Nicaragua is building the competitiveness of its foreign trade through the modernization of infrastructure, equipment and its border systems in its land border crossings.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.
The European Union (EU) has approved a € 20 million contribution to support the modernization of Nicaragua's border crossings. The Government of Nicaragua has requested the Bank to incorporate these resources into the Program to support the development and technological equipment of the border crossings and the modernization of the infrastructure of the border crossing of San Pancho. The EU resources will be managed by the Bank under the indirect management modality in accordance with the Administrative Framework Agreement between the EU and the Bank signed in 2015. The budget of the EU contribution will be € 20,000,000 according to the framework agreement signed between the Bank and the EU, including the 5.8% project management. In addition, the Bank will contribute equivalent to € 111,500 with resources from a Technical Cooperation (TC) in approval process (RG-T3003). € 20,000,000 represents USD 22,420,000 according to a benchmark exchange rate of US $ 1,121 / € 1 at 1/6/2017 (IMF: € 111,500 represents USD 125,000.

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.
TEAM LEADER Jaime Granados (TIN/CCR) Margarita Libby (TIN/CGU) TEAM MEMBERS Daniel Torres (TSP/CNI) Osmín Mondragón and Santiago Castillo (FMP/CNI) Kai Hertz and Dimas Tejero (ORP/GCM) Claudia Bone (CID/CNI) Julia Miguez (VPS/ESG) Taos Aliouat and Mónica Lugo (LEG/SGO) Ana Lucia Paz (INT/TIN). 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 You can learn more about the MICI and how to file a complaint at,1752.html (in English) or,1752.html (Spanish).

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