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Peru Lima Metro Line 2 Project

Abstract*

The objective of the Lima Metro Line Two Project for Peru is to provide a major east-west axis (Ate-Lima-Callao) of the Lima-Callao Metropolitan Region with a modern and integrated mass transit system that will improve accessibility to jobs and services in the area of influence of the Lima Metro Line Two and the Gambetta Branch of Line Four. The project consists of a single Component: ‘support for the construction of the lima metro line two’. The...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The PDO is to provide a major east-west axis (Ate-Lima-Callao) of the Lima-Callao Metropolitan Region with a modern and integrated mass transit system that will improve accessibility to jobs and services in the area of influence of Lima Metro Line 2 and the Gambetta branch of Line 4.

Key Details

Project Details

  • P145610

  • Closed

  • Sofia Guerrero Gamez , Georges Darido

  • Republic of Peru

  • Peru

  • December 4, 2014

  • (as of board presentation)

    September 15, 2015

  • November 3, 2016

  • US$ 5836.00 million

  • Ministry of Transport and Communications,AATE,Autoridad de Transporte Urbano

  • Latin America and Caribbean

  • 2016

  • US$ 1900.00 million

  • A

  • November 1, 2023

  • June 5, 2020

  • TBD

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Borrower/Recipient 2285.00
Foreign Multilateral Institutions (unidentified) 1150.00
International Bank for Reconstruction and Development 300.00
Inter-American Development Bank 300.00
Andean Development Corporation 150.00
Private Commercial Sources (identified) 1651.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 300.00
IDA Commitment N/A
IBRD + IDA Commitment 300.00
Lending Instrument
Grant Amount 1600.00
Total Project Cost** 5836.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Nov 15, 2023 IBRD-85170 Int Charges 1,680,032.20
Sep 15, 2015 IBRD-85170 Loan Commitment 300,000,000.00
May 15, 2017 IBRD-85170 Int Charges 297,122.22
Nov 15, 2023 IBRD-85170 Loan Repay 3,185,000.00
Nov 15, 2023 IBRD-85170 Loan Repay 0.01
Nov 15, 2023 IBRD-85170 Int Charges 34,303.86
May 15, 2024 IBRD-85170 Loan Repay 0.01
May 15, 2024 IBRD-85170 Int Charges 10,662.49
May 15, 2024 IBRD-85170 Int Charges 1,670,040.00
May 15, 2024 IBRD-85170 Loan Repay 3,185,000.00
May 15, 2023 IBRD-85170 Int Charges 84,776.01
May 15, 2023 IBRD-85170 Int Charges 1,480,317.20
May 15, 2023 IBRD-85170 Loan Repay 3,185,000.00
May 15, 2022 IBRD-85170 Int Charges 307,120.80
May 15, 2022 IBRD-85170 Loan Repay 3,185,000.00
Nov 15, 2022 IBRD-85170 Int Charges 962,823.75
Nov 15, 2022 IBRD-85170 Loan Repay 3,185,000.00
Nov 15, 2020 IBRD-85170 Int Charges -25,136.62
Nov 15, 2020 IBRD-85170 Int Charges 25,136.62
Nov 15, 2020 IBRD-85170 Int Charges 465,018.94
May 15, 2021 IBRD-85170 Int Charges 334,347.22
May 15, 2021 IBRD-85170 Loan Repay 3,185,000.00
Nov 15, 2021 IBRD-85170 Int Charges 314,178.97
Nov 15, 2021 IBRD-85170 Loan Repay 3,185,000.00
Nov 15, 2019 IBRD-85170 Int Charges 289,863.00
Nov 15, 2019 IBRD-85170 Int Charges 1,177,088.90
May 15, 2020 IBRD-85170 Int Charges 286,131.28
May 15, 2020 IBRD-85170 Int Charges 923,650.00
Apr 29, 2020 IBRD-85170 Loan Cancel 230,000,000.00
May 15, 2018 IBRD-85170 Int Charges 285,136.97
May 15, 2018 IBRD-85170 Int Charges 802,433.30
Nov 15, 2018 IBRD-85170 Int Charges 289,863.00
Nov 15, 2018 IBRD-85170 Int Charges 1,141,311.10
May 15, 2019 IBRD-85170 Int Charges 285,136.97
May 15, 2019 IBRD-85170 Int Charges 1,249,402.80
Aug 22, 2017 IBRD-85170 Loan Disb 30,000,000.00
Nov 15, 2017 IBRD-85170 Int Charges 310,205.47
Nov 15, 2017 IBRD-85170 Int Charges 575,330.56
Dec 23, 2016 IBRD-85170 Loan Disb 40,000,000.00
Dec 9, 2016 IBRD-85170 Fee Charges 750,000.00
May 15, 2017 IBRD-85170 Int Charges 654,203.94

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Unsatisfactory 2020-06-05
Monitoring and Evaluation Satisfactory 2020-06-05
Counterpart Funding Satisfactory 2020-06-05
Project Management Unsatisfactory 2020-06-05
Financial Management Moderately Satisfactory 2020-06-05
Procurement Moderately Satisfactory 2020-06-05
Overall Implementation Progress (IP) Unsatisfactory 2020-06-05

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 02-26-2021
OutcomesUnsatisfactory
Risk to Development Outcome
Bank PerformanceModerately Unsatisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-21-2021PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingUnsatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately UnsatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceNot RatedN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityModestN/a