PN-L1032 : Préstamo Corporativo a ACP para apoyar la Expansión del Canal de Panama

The Idb Provided A Us$400 Million A Loan To The Autoridad Del Canal De Panamá (acp) To Provide Partial Financing For Its Expansion Program. The Need For Expansion Stems From Increasing Demand For Services And Canal Capacity Limitations In Terms Of Tonnage And Ability To Manage Post-panamax Vessel Sizes. The New Locks Will Be Able To Handle Twice As Much Cargo Using Around Seven Percent Less Water Than The Existing Locks, As 60 Percent Of The Water Used To Fill The Locks Will Be Reutilized Using Special Recovery And Retention Basins. The Total Project Cost Is Us$ 5.2 Million.

Status: 

Completed

Basic Information

Country: 
Panama
Project Number: 
PN-L1032
Operation Number: 
2027/OC-PN
Sector: 
TRANSPORT
Subsector: 
TRANSPORT
Project Type: 
Loan Operation
Project Subtype: 
Private Sector Investment
Approval Date: 
Wednesday, October 8, 2008

Financial Information Summary

Total Cost Historic: 
5 300 000 000.00
Country Counterpart Financing Historic: 
4 900 000 000.00

Estimated IDB Financing

Financing Type: 
Private Sector Loan
Fund: 
Ordinary Capital
Reporting Currency: 
USD - United States Dollar
Reporting Date: 
Wednesday, July 31, 2013

Roles and responsabilities

Borrower: 
Autoridad Del Canal De Panama