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Signature(s)

Amount (.*)
€ 182,450,000
Countries
Sector(s)
Zambia : € 182,450,000
Transport : € 182,450,000
Signature date(s)
4/09/2020 : € 72,450,000
7/08/2018 : € 110,000,000
(*) Including a € 72,450,000 Investment Grants provided by the AFRICA INVESTMENT PLATFORM
Link to source

Summary sheet

Release date
16 November 2017
Status
Reference
Signed | 07/08/2018
20150219
Project name
Promoter - financial intermediary
GREAT NORTH ROAD (T2) Upgrade
ROAD DEVELOPMENT AGENCY
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 182 million
EUR 435 million
Location
Sector(s)
Description
Objectives

The project consists of the upgrade of the Zambian section of the Great North Road (T2) between Mpika and the border with Tanzania in Nakonde. It further includes the rehabilitation of feeder roads in the Chinsali-Nakonde section, complementary initiatives in the project area and the provision of technical assistance.

The project is a joint COMESA/EAC/SADC Aid for Trade Initiative, the primary aim of which is to lower transport cost along this key regional road corridor. It will contribute transforming centrally located Zambia from a land-locked to a land-linked country, while fostering continental integration and promoting inclusive economic growth and poverty reduction. It will help diversify the Zambian economy and unlock the country's economic potential. The upgrade of the Great North Road will also make the road more resilient to climate change and safer for road users and local communities.

Environmental aspects
Procurement

An Environmental and Social Impact Statement (ESIS) Report has been developed, including public consultations and accompanying management plans of a Resettlement Action Plan (RAP), Stakeholder Engagement Plan (SEP) and an Environmental and Social Management Plan (ESMP).

The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Impact Assessment (ESIA) - GREAT NORTH ROAD (T2) UPGRADE - Environmental and Social Impact Statement (ESIS)
Publication Date
19 Nov 2017
Document language
Main Topic
Lending
Document Number
79937291
Document Focus
Environmental Information
Project Number
20150219
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - GREAT NORTH ROAD (T2) UPGRADE
Publication Date
22 Jan 2018
Document language
Main Topic
Lending
Document Number
79197316
Document Focus
Environmental Information
Project Number
20150219
Sector(s)
Countries
Publicly available
Download now

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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