Colombia - List of projects for external financing 1981-1984

Report No. 3624CO List of Projects for External Financing 1981-1984 Colombia t COpy October 6, 1981 Latin America and the Caribbean Regional Office FOR OFFICIAL USE ONLY Document of the World Bank This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization.  CURRENCY EQUIVALENTS Currency Unit: Peso Exchange Rate Effective August 3, 1981 US$1.00 = Col$55.77 Col$1.00 = US$0,0179 Average Exchange Rate (Buying) 1977 1978 1979 US$1.00 = Col$36.775 US$1.00 = Col$39.095 US$1.00 = Col$42.550 Col$1.00 = US$0.0272 Col$1.00 = US$0.0256 Col$1.00 = US$0.0235 1980 US$1.00 = Col$47.280 Col$1.00 = US$0.0212  FOR OFFICIAL USE ONLY CONSULTATIVE GROUP FOR COLOMBIA: PROJECT LIST TABLE OF CONTENTS Page Abbreviations Used i - ii Introduction iii-iv Table 1 - Summary of Projects by Sector, Total Cost and External Financing Requested, 1981-1984 ........... 1 ...... Table 2 - Summary of External Loans Signed, 1979-1980 ......... ......2 Table 3 - External Loans Signed, 1979-1980 ........................... 3 Table 4 - Projects Deleted from the 1979-1982 Project List: Report No. 2536-CO .......................... .. .... 10 Table 5' Energy Projects, 1981-1984 .......................... .....12 Table 6 - Transportation Projects, 1981-1984 ....................... 14 Table 7 - Communications Projects, 1981-1984 ........................ 15 Table 8 - Agriculture and Rural Development Projects, 1981-1984 . 16 Table 9 - Industry and Mining Projects, 1981-1984 .17 Table 10 - Water Supply and Sewerage Projects, 1981-1984 .18 Table 11 - Education Projects, 1981-1984 ..19 Table 12 - Nutrition and Health Projects, 1981-84 .20 Table 13 - Urban and Regional Development Projects, 1981-1984 .21 Table 14 - Preinvestment Studies Projects, 1981-1984 .22 Individual Project Descriptions I. Energy Ia. Electrical Power .................................. 23 lb. Coal .................................. 53 Ic. Petroleum and Natural Gas ........................... 56 II. Transportation .................................. 59 III. Communications . 80 IV. Agriculture and Rural Development . 89 V. Industry and Mining . 103 VI. Water Supply and Sewerage . 109 VII. Education . 118 VIII. Nutrition and Health . 124 IX. Urban and Regional Development . 132 X. Preinvestment Studies . 140 This document has a restricted distribution and may be used by recipients only in the perfortnance o their official duties. Its contents may not otherwise be disclosed without World Bank authorization.   ABBREVIATIONS USED ACUAMANGA Acueducto Metropolitano de Bucaramanga BCH Banco Central Hipotecario CAF Corporacion Andina de Fomento CAR Corporacion Autonoma Regional de la Sabana de Bogota y de los Valles de Ubate y Chinquinquira CARBOCOL Carbones de Colombia S.A. CFP Corporacion Financiera Popular CFT Corporacion Financiera del Transporte CHEC Central Hidroelectrica de Caldas S.A. CIDA Canadian International Development Agency COFIAGRO Corporacion Financiera de Fomento Agropecuario y de Exportaciones COLPUERTOS Puertos de Colombia CORELCA Corporacion Electrica de la Costa Atlantica CVC Corporacion Autonoma Regional del Valle del Cauca DAAC Departamento Administrativo de Aeronautica Civil DAINCO Departamento Administrativo de Intendencias y Coraisarias EAAB Empresa de Acueducto y Alcantarillado de Bogota ECOMINAS Empresa Colombiana de Minas ECONIQUEL Empresa Colombiana de Niquel Ltda. ECOPETROL Empresa Colombiana de Petroleos EDIS Empresa Distrital de Servicios (Bogota) EEEB Empresa de Energia Electrica de Bogota ELECTRIBOL Electrificadora de Bolivar EMCALI Empresas Municipales de Cali EMPOMARTA Empresas Publicas de Santa Marta EMTB Empresas Municipales de Telefonos de Bucaramanga EPM Empresas Publicas de Medellin ETB Empresa de Telefonos de Bogota ETMVA Empresa de Transporte Masivo del Valle de Aburra FAN Fondo Aeronautico Nacional FNC Ferrocarriles Nacionales de Colombia FNCV Fondo Nacional de Caminos Vecinales FNH Fondo Nacional Hospitalario FONADE Fondo Nacional de Proyectos de Desarrollo FVN Fondo Vial Nacional HIMAT Instituto Colombiano de Hidrologia, Meteorologia y Adecuacion de Tierras IBRD International Bank for Reconstruction and Development ICEL Instituto Colombiano de Energia Electrica ICFES Instituto Colombiano para el Fomento de la Educacion Superior ICT Instituto de Credito Territorial IDB Inter-American Development Bank IDEMA Instituto de Mercadeo Agropecuario IFI Instituto de Fomento Industrial INCORA Instituto Colombiano de la Reforma Agraria INDERENA Instituto de Desarrollo de los Recursos Naturales Renovables INRAVISION Instituto Nacional de Radio y Television INS Instituto Nacional de Salud INSFOPAL Instituto de Fomento Municipal ISA Interconexion Electrica S.A. KfW Kreditanstalt fur Wiederaufbau  -ii- MEN Ministerio de Educacion Nacional MOPT Ministerio de Obras Publicas y Transporte NPD/DNP National Planning Department/Departamento Nacional de Planeacion SENA Servicio Nacional de Aprendizaje TELECOM Empresa Nacional de Telecomunicaciones ZFIC Zona Franca Industrial y Comercial de Cartagena  INTRODUCTION 1. This document contains: a list of external loans signed during 1979-80; a list of projects for 1979-82 originally included in, but subse- quently deleted from, the 1979-82 Project List (World Bank Report No. 2536- CO); and a list of projects for which the Colombian Government seeking external financing during the period 1981-84, in the form of summary tables and in detailed project-by-project descriptions. 2. The proposed 1981-84 investment projects were identified and elaborated by the Colombian Government. The Colombian authorities expect to initiate the construction of all these projects during 1981-84. It is quite likely, however, that some schedules will change as a result of either cancellation or postponement of projects. Past experience shows that as time goes on, such changes are substantial, but it is not possible to identify at this time which of the projects are likely to be affected. 3. The .composition of the 1981-84 Project List reflects the emphasis which the Colombian Government has accorded to the development of its energy resources, particularly electric power, coal, and petroleum, and to upgrading the country's transport infrastructure. 4. Of the total external borrowing envisaged during 1981-84 (US$9.8 billion equivalent), energy accounts for US$6.1 billion, or 62% of the total. The 32 energy projects included in the List would significantly improve Colombia's overall energy balance by the late 1980s. Investments in power generation, transmission and distribution constitute 72% of investments in the energy sector; coal development in export-oriented and import-substitution projects 26%; and the remainder is composed of petroleum and natural gas exploration and secondary recovery projects. The single most important project in the energy field is the North Cerrejon coal exploitation project which will enable Colombia to become an important coal exporter starting in 1986. 5. Transport infrastructure accounts for 10% of the total financing requested. The list contains 20 transportation projects with total external financing requirements of US$1.0 billion over the four year period. The objectives of these projects would be to improve the effi- ciency of the railways, ports, and road transport thereby contributing to energy conservation, lower transport costs, and encouraging regional economic integration. The list also includes telecommunications projects totalling US$510 million, 5% of the external financing requested, which are designed to improve the quality and coverage of domestic and interna- tional services.  -iv- 6. Projects in the productive sectors account for 7% of the external loans included in the List. Agriculture and rural development projects amount to US$392 million in external financing and include 13 projects which emphasize credit, integrated rural development, marketing, irrigation and drainage services, and watershed management. These projects are designed to increase agricultural productivity and raise rural incomes. Industry and mining projects account for another US$315 million of external financing, and include five projects which are expected to increase and diversify industrial and mining production. 7. The social sectors account for US$541 million, or 6% of total external financing requested. Water supply and sewerage projects are intended to increase the quality and coverage of potable water supply and sewerage services in urban and rural areas. Also included, are projects in education, nutrition and health which aim at upgrading the quality of these services, particularly in rural areas. 8. Urban and regional programs include seven projects accounting for US$834 million of the external financing. The major portion of this figure is to finance mass rapid rail systems in Bogota, Medellin and Cali, Colombia's largest cities. A project for preinvestment studies for US$50 million is also included. 9. In line with the growing participation of commercial banks and suppliers in the external financing contracted during 1979 and 1980 (over 60% of total external loans signed), a major portion of external financing under the List is expected to come from these sources. To accommodate the large external financing for the investment projects included in the List, the Government intends to diminish its general purpose external borrowing. 10. Table 1, which follows, provides a summary of the basic infor- mation on total investment costs and external financing by sector for the period 1981-84.  Table 1 - COLOMBIA: SUMMARY OF PROJECTS BY SECTOR, TOTAL COST AND EXTERNAL FINANCING REQUESTED, 131-1984 (in US$ million) 1981 1982 1983 1984 Total Total External Total External Total External Total External Total External Cost Financing Cost Financing Cost Financing Cost Financing Cost ( F) Financing (