The project was the first sovereign guaranteed initiative financed by the Bank in Brazil and also its first co-financing globally. The evaluation also marked IEO’s first ever joint evaluation, as it was prepared in partnership with project co-financier the Development Bank of Latin America and Caribbean (CAF).
The Pará Project is a multiple-sector initiative covering mobility, sanitation and communication programmes in various cities alongside the Trans-Amazonian highway in Pará State. The total project cost is USD 125 million, of which USD 50 million came from the NDB loan, USD 50 million from the CAF loan, and the State Government of Pará supported USD 25 million.