Para Sustainable Municipalities Project (Brazil) (NDB-parasustainablemunici)

Countries
  • Brazil
Where the impacts of the investment may be experienced.
Specific Location
Pará
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
  • New Development Bank (NDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
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.
Voting Date
Mar 5, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
The Government of the State of Pará
The holder of the loan, grant, or other investment.
Sectors
  • Communications
  • Construction
  • Education and Health
  • 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, etc.
Investment Amount (USD)
$ 50.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 50.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 125.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ NDB website

Updated in EWS Jul 6, 2018


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Project Description

According to the bank, the Project consists of developing urban mobility, sanitation and communication programs in various cities alongside the Trans-Amazonian highway in Pará state. The Project includes three main components:

i) Drainage and Road Paving program intends to pave 186 km of existing urban dirt roads (streets) and manage pluvial draining in 12 municipalities to improve the urban condition of the cities;
ii) Sanitation program intends to build 5 waste disposal sites serving 12 municipalities to improve waste management in the state of Pará allowing communities and cities to have adequate final destinations for solid waste, thereby improving sustainability;
iii) Telecommunications program intends to extend fiber optic internet connectivity to 29 municipalities (a total cable length of 1,000km) that currently do not have proper internet access.

 

Investment Description
  • New Development Bank (NDB)

Other sources of financing are:
CAF - 50 million USD
State of Para - 25 million USD

Contact Information

To contact the New Development Bank about this project: projects@ndb.int