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MODERNISATION RESEAU ROUTIER MADAGASCAR

Signature(s)

Amount (.*)
€ 224,730,000
Countries
Sector(s)
Madagascar : € 224,730,000
Transport : € 224,730,000
Signature date(s)
8/12/2017 : € 110,000,000
31/08/2018 : € 114,730,000
(*) Including a € 114,730,000 Investment Grants provided by the AFRICA INVESTMENT PLATFORM
Link to source

Summary sheet

Release date
12 April 2017
Status
Reference
Signed | 08/12/2017
20160754
Project name
Promoter - financial intermediary
MODERNISATION RESEAU ROUTIER MADAGASCAR
AUTORITE ROUTIERE DE MADAGASCAR
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 225 million
EUR 236 million
Location
Sector(s)
Description
Objectives

The project concerns the rehabilitation of several priority road sub-sections in the northern and southern parts of Madagascar, allowing access to ports and unlocking economic growth potential in the region.

The project will improve transport connections in the northern and southern parts of the country, which will help the business environment and strengthen and develop the private sector. The modernisation of the road network will increase people's mobility and support the transportation of goods, thereby unlocking growth potential in the areas concerned by the project.

Environmental aspects
Procurement

If located within the EU, the project components would not require an environmental impact assessment (EIA) as they consist of the reconstruction of existing infrastructure.

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 Data Sheet (ESDS) - MODERNISATION RESEAU ROUTIER MADAGASCAR
Publication Date
27 Oct 2017
Document language
Main Topic
Lending
Document Number
75418646
Document Focus
Environmental Information
Project Number
20160754
Sector(s)
Countries
Publicly available
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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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