PY Transport Connectivity (WB-P147278)

Countries
  • Paraguay
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
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."
Voting Date
Jul 25, 2016
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Investment Amount (USD)
$ 100.00 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)
$ 100.00 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 @ WB website

Updated in EWS Dec 6, 2017

Disclosed by Bank Nov 4, 2014


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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 development objectives of Transport Connectivity Project for Paraguay are: to (a) reduce transport connectivity costs and improve road safety along selected paved road sections that pass through targeted departments; and (b) improve the Borrower’s planning and national road asset management capacity. This project has four components. 1) The first component, Road Rehabilitation and Maintenance CREMA Contracts, will support (a) carrying out, under the terms of two CREMA contracts, the rehabilitation and maintenance works for approximately 319 km of the identified sections of the national paved roads; and (b) carrying out the supervision of works under the CREMA contracts aiming at reducing transport costs in the targeted departments. 2) The second component, Road Safety has two subcomponents. (i) the first subcomponent, the financing of road safety improvement interventions, will be targeting the most vulnerable users near urban areas along the identified sections of the national paved roads; (ii) the second subcomponent, an additional pilot subcomponent will support road safety improvement interventions (other than those under the CREMA Contracts) with the goal of improving road safety conditions in eligible municipalities, within project targeted departments, such as, inter alia, road marking of exclusive areas, the installation of traffic lights in urban areas, the construction of speed bumps, roundabouts, ramps for people with disabilities and of pedestrian paths in school vicinities. 3) The third component, Road Asset Planning and Management, will support the consolidation of the Ministry of Public Works and Communications (MOPC) strategic road management methodologies and systems, building on the efforts of the Road Maintenance Project to strengthen the client’s monitoring and evaluation (M and E) capacity. 4) The fourth component, Project Management and Imple
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

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.
ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.

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