📋 Tender Overview
Project ID: P175320
Region: latin america and caribbean
Total Project Cost: Us$ 105.00 million
The Project aims to revitalize public spaces and key corridors of the historic center and help put in place the infrastructure and urban planning to allow for the medium-term development of the area. Doing so will help to build a greener, more climate-friendly city, help to protect Asunción’s main natural assets, promote socioeconomic development, and strengthen institutional capacity as the first step in a medium-term effort to build urban resilience.The complex needs of the riverfront of the AMA cannot be addressed in one fell swoop: the MPCA includes a wide range of necessary interventions, of which the Government has prioritized four timely, achievable, and transformational activities as part of this Project. In addition to the four areas of immediate intervention, the operation has been designed to set the stage for the Government’s investment program laid out in the MPCA and to develop the institutional landscape for managing complex urban regeneration. The operation will be accompanied by a communications campaign to engage with key stakeholders, local communities and private sector actors. The proposed Project includes three components: (i) Component 1 will support the implementation of four keystone projects along the waterfront and in the historic center (ii) Component 2 will support economic development activities and participatory strategies for improving the quality of life andlivelihoods of vulnerable communities; and (iii) Component 3 will support institutional capacity building for national and municipal authorities on urban planning, land use and risk management.12.Component 1: Interconnected Urban Resilience and Revitalization Investments:Based on a prioritization exercise undertaken during the recent TA, the Government selected the following four strategic riverfront projects to implement under this Project because of their potential to spur social, environmental, and economic resilience in the AMA. These four sub-projects, taken together, create synergies and complementary impacts through a combination of quick win interventions and structural infrastructure investments that lay the groundwork for improving quality of life of vulnerable populations in the medium-term. The four proposed sub-projects are part of the MPCA and as such they are aligned with previous, current, and planned investments, like the creation of the Costanera Avenue and the slum upgrading of Chacarita Alta(currently financed by the IADB). To date, the Government has agreed upon conceptual designs of the four interventions, and the MOPC is working on pre-feasibility studies and design parameters to inform procurement processes, to be ready by Project
