LEBANON ROADS AND EMPLOYMENT PROJECT

Promoteur – Intermédiaire Financier

REPUBLIC OF LEBANON - COUNCIL FOR DEVELOPMENT AND RECONSTRUCTION

Lieu

• Liban

Description

The project consists of a framework loan for rehabilitation and safety improvements of part of the national and regional road networks in Lebanon.

Objectifs

The proposed operation is designed to meet Lebanon's developmental needs in the road sector while also stimulating the economy, creating jobs and raising road safety standards on the road network.

Secteur(s)

• Transports - Transports et entreposage

Garantie au titre du MPE

This operation is covered by the ELM Guarantee.

Montant BEI envisagé (montant approximatif)

EUR 171 million

Coût total (montant approximatif)

EUR 480 million

Aspects environnementaux

If located within the EU, the project would fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EC, with screening by a competent authority to determine whether an EIA would be required. One main EIA procedure including public consultations has been carried out in accordance with national legislation in Lebanon. The Bank shall investigate environmental and social aspects and verify that the promoter has followed the relevant EU principles, standards and practices during the project appraisal and subsequent scheme allocation procedures.

Passation des marchés

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.

Statut

Signé - 26/09/2019