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Estimated Total Budget Pending (Project budget includes all project-funded activities)
Last Updated Date
Apr 12, 2017
Project Estimated Start Date
Feb 29, 2016
Project Estimated End Date
Dec 31, 2017
Project Description
IFC will work with the State of Sao Paulo, Brazil, to structure a new Roads Concessions Program that encompasses 4 batches of brownfield roads, namely Mid-West Roads, Roads of the Shoes Industry, Sao Paulo Coast Roads, and North Beltway.
Development Results
The new road concessions, encompassing more than 2,500 km of roads, are expected to improve access and integration to various frontier municipalities in the inner regions of the State; improve logistics conditions among economically relevant cities; enhance overall road safety to roads users; and improve the quality of the roads and decrease traffic congestion in regions of major economic importance in Brazil. The project will also help introduce new standards of international investment in Brazils infrastructure market and introduce operational innovations in the road sector.
Indicator
Calendar Year 2020 Results
Cumulative Results as of 2020
Number of bids conducted
1
4
Number of agreements (concession, etc.) signed
1
3
E&S Risks / Impacts and Mitigation
Performance Standard
Description & Potential Impact
Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards.
PS 2. Labor and Working Conditions
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards.
PS 3. Resource Efficiency and Pollution Prevention
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards.
PS 4. Community Health, Safety and Security
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards.
PS 5. Land Acquisition and Involuntary Resettlement
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards.
Press-Release
Additional Documents
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