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This is a multiple works program and will finance: (i) rehabilitation of 1,375 km and paving of 648 km of roads; (ii) implementation of a pilot result-driven maintenance/rehabilitation process in EC-060, a major route connecting the two largest cities, Fortaleza (North) and Crato (South); and (iii) institutional strengthening of the DER / CE, including developing a State Plan of Logistics and Transport (PELT) and implementation of actions identified in the Transport Master Plan and Environmental Management Plan, both funded by the Program Ceará III. It will also finance the development of technical, economic, social and environmental studies, engineering design, and management of activities and audits, all related to the implementation of the program. Status: Approved by the Board on 24 July 2013. Estimated total cost: US$ 504 million. Loan amount: US$ 400 million. Executing agency: Departamento de Edificacoes Rodovias e Transporte Estado Ceara.

IADB - Inter American Development Bank - is the largest source of development financing for Latin America and the Caribbean. Established in 1959, the IADB supports Latin American and Caribbean economic development, social development and regional integration by lending to governments and government agencies, including State corporation.
Focuses on improving the efficient movement, storage, and management of goods and services across supply chains and trade networks.
Comprises initiatives that develop and maintain road transport infrastructure to improve connectivity, safety, and mobility for people and goods.