Release date: 15 January 2002
Promoter – Financial Intermediary
Agence Nationale des Autoroutes - A.N.A.
Managing Director, Mr Abdelhamid FRIOUI
Location
Description
The project concerns construction of a 26 km, 2x2-lane section of the central part of the East-West motorway, between Bouira and El Adjiba
Objectives
The project forms part of a programme aimed at progressively building a motorway between the Tunisian and Moroccan borders in the north of Algeria, serving the coastal strip where 80% of the population lives.
Comments
Transport (public works)
Sector(s)
Proposed EIB finance (Approximate amount)
Loan of approx. EUR 70 million from the Bank’s own resources under the Euromed II mandate
Total cost (Approximate amount)
Currently estimated at EUR 150 million
Environmental aspects
Environmental impact assessments have been carried out for all project works in line with current Algerian legislation and EIB requirements.
Procurement
International competitive bidding in accordance with the Bank’s rules.
Status
Signed - 24/07/2002