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Référence: 20190595
Date de publication: 29 mars 2022

Promoteur – Intermédiaire Financier

TELECOM EGYPT SAE

Lieu

Description

The project concerns the coverage and capacity expansion of the Promoter's 4G broadband network which will consist of the deployment of around 2 000 new sites to improve coverage in selected regions, as well as investments to upgrade the mobile core network.

Objectifs

The project will strengthen the Promoter's mobile broadband network and services and will improve the market competitiveness and the affordability and quality of mobile broadband services for consumers and businesses in Egypt.

Secteur(s)

Garantie au titre du MPE

This operation is covered by the ELM Guarantee.

Montant BEI envisagé (montant approximatif)

EUR 150 million

Coût total (montant approximatif)

EUR 554 million

Aspects environnementaux

The project concerns the deployment of around 2 000 new mobile base stations, most of them in newly built towers and rooftop sites, as well as investments in the upgrade and capacity expansion of the Promoter's 4G mobile core network. If the project were located within the EU, the project would not require a mandatory environmental impact assessment (EIA), as it does not fall under Annex I or II of the EIA Directive 2014/52/EU amending the Directive 2011/92/EU. With respect to the Egyptian EIA law (Law for the Protection of the Environment - Law 4/1994, as amended by Law 9/2009), mobile network site projects are mentioned as an example of "category A" project in the guidelines for the EIA process. Projects classified as "category A" projects are considered to have low environmental impacts, so they just require a simplified environmental assessment. Full environmental details will be assessed during appraisal.

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 - 7/12/2021

Clause de non-responsabilité

Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).

Mots-clés correspondants

Égypte Télécom