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... Show More

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

Project ID
P145610
Status
Closed
Team Leader
Sofia Guerrero Gamez , Georges Darido
Borrower 2
Republic of Peru

Country
Peru
Disclosure Date
December 4, 2014
Approval Date
(as of board presentation)
September 15, 2015
Effective Date
November 3, 2016

Total Project Cost 1
US$ 5836.00 million
Implementing Agency
Autoridad de Transporte Urbano,Ministry of Transport and Communications,AATE
Region
Latin America and Caribbean
Fiscal Year 3
2016

Commitment Amount
US$ 1900.00 million
Environmental Category
A
Last Update Date
November 1, 2023
Closing Date
June 5, 2020

Consultant Services required
TBD
Last Stage Reached
BANK APPROVED

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Private Sector Development

FY17 - Jobs3%
- FY17 - Job Creation3%
FY17 - Public Private Partnerships10%

FY17 - Public Sector Management

FY17 - Public Administration10%
- FY17 - Administrative and Civil Service Reform3%
- FY17 - Municipal Institution Building7%

FY17 - Urban and Rural Development

FY17 - Rural Development3%
- FY17 - Rural Infrastructure and service delivery3%
FY17 - Urban Development83%
- FY17 - Urban Infrastructure and Service Delivery83%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
Andean Development Corporation	150.00
Inter-American Development Bank	300.00
Foreign Multilateral Institutions (unidentified)	1150.00
Private Commercial Sources (identified)	1651.00
International Bank for Reconstruction and Development	300.00
Borrower/Recipient	2285.00

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

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

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

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 02-26-2021
Outcomes	Unsatisfactory
Risk to Development Outcome
Bank Performance	Moderately Unsatisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 06-21-2021	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Unsatisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Moderately Unsatisfactory	N/a
Borrower Performance		N/a
Government Performance	Not Rated	N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Engagement: (i) Number of citizens engaged in station accessibility design activities; Value 0.00 200.00 0.00
Date June 1, 2015 June 30, 2021
Comment

Acceptability: (ii) Percentage of Metro Line 2 users satisfied with services, differentiated by income level and other user characteristics (such as gender, mobility impairment, previous modes used).	Value	0.00	0.00	0.00
	Date	June 1, 2015
	Comment

Ridership. Passengers traveling per day on Metro Line 2, differentiated by income level, gender and other user characteristics. Value 0.00 360000.00 0.00
Date June 1, 2015 June 30, 2021
Comment
Integration. Number of major Metro Line 2 stations with physical integration and fare system interoperability to facilitate transfer s. Value 0.00 2.00 0.00
Date June 1, 2015 June 30, 2021
Comment
Mobility: Change in travel time for public transport users for the following origin-destination pairs Value 120.00 45.00 0.00
Date June 1, 2015 June 30, 2021
Comment

Accessibility. Increase in number of jobs reachable by public transportation within a 60 minute one-way commute in the area of influ ence of Metro Line 2.	Value	0.00	100000.00	0.00
	Date	June 1, 2015	June 30, 2021
	Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Stations. Number of stations completed, including all equipment and urban integration elements according to the Concession Contract. Value 0.00 35.00 0.00
Date June 1, 2015 June 30, 2021
Comment
Rail Infrastructure. Progress in the construction of the tunnel, including track superstructure, signaling and telecom equipment, and catenary. Value 0.00 35.00 0.00
Date June 1, 2015 June 30, 2021
Comment

Depots. Progress in the construction of the depots for Line 2, including track, electrification, signaling and telecom, and all maintenance and personnel facilities.	Value	0.00	2.00	0.00
	Date	June 1, 2015	June 30, 2021
	Comment

Rolling Stock. Train vehicles tested and approved for operations with signaling and control system. Value 0.00 252.00 0.00
Date June 1, 2015 June 30, 2021
Comment

Mobility: Change in travel time for public transport users for the following origin-destination pairs	Value	120.00	45.00	0.00
	Date	June 1, 2015	June 30, 2021
	Comment