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HIGHWAYS VIII (SECTO

Sector: Road • Location: Colombia

Source: World Bank Group

Project
Closed

The Eighth Highway Project is a highway sector operation, supporting the Government's 1982-1986 Highway Development Program, which fosters economic growth and regional decentralization of productive activity, the adoption of minimum cost transport solutions over the medium-term, complemented by a cohesive transport policy and regulatory framework as well as adequate financing. The project will als

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The project “HIGHWAYS VIII (SECTO” is an infrastructure initiative in the Road sector, located in Colombia. Taiyo aggregates data on it from World Bank Group.

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Participants

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Status

Original status

closed

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Description

Description

The Eighth Highway Project is a highway sector operation, supporting the Government's 1982-1986 Highway Development Program, which fosters economic growth and regional decentralization of productive activity, the adoption of minimum cost transport solutions over the medium-term, complemented by a cohesive transport policy and regulatory framework as well as adequate financing. The project will also assist in strengthening the local contracting industry, particularly in its efforts to recover from the prolonged slump in construction activity during the 1970s. The Bank loan will finance about 7 percent of the cost of the program, which in turn, will correspond to 15.6 percent of the estimated foreign exchange cost. The items that will be financed include: (a) rehabilitation, paving and new construction contracts; (b) maintenance equipment; (c) studies; and (d) technical assistance.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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