Release date: 23 January 2002
Promoter – Financial Intermediary
Ministry of Public Works; Planning and Development Manager, Mr Chihab Mohamed AÏSSATLocation
Description
The project concerns construction of three grade-separated junctions (Place Addis Abeba, Chevalley junction and Place du 1er Mai) and eight underpasses on Algiers’ main road network.
Objectives
The project forms part of the programme to improve links between the RN11 coastal road and the southern Algiers ring road - the backbone of the city’s network of feeder roads.
Comments
Transport (public works)
Sector(s)
Proposed EIB finance (Approximate amount)
Approx. EUR 50 million from the Bank’s own resources under Euromed II mandate.
Total cost (Approximate amount)
Currently estimated at EUR 100 million
Environmental aspects
The project will contribute to markedly improving traffic conditions in Greater Algiers, so reducing congestion and pollution caused by traffic jams.
Procurement
International competitive bidding in accordance with the Bank’s rules.
Status
Signed - 24/07/2002
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).