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AUTOROUTE EST-OUEST V

Signature(s)

Amount
€ 70,000,000
Countries
Sector(s)
Algeria : € 70,000,000
Transport : € 70,000,000
Signature date(s)
24/07/2002 : € 70,000,000
Link to source
Data sheet
AUTOROUTE EST-OUEST V
Other links
Summary sheet
Autoroute Est-Ouest V
Related press
EUR 165 mio for post-flood reconstruction and the transport sector in Algeria

Summary sheet

Release date
15 January 2002
Status
Reference
Signed | 24/07/2002
20010460
Project name
Promoter - financial intermediary
Autoroute Est-Ouest V

Agence Nationale des Autoroutes - A.N.A.
Managing Director, Mr Abdelhamid FRIOUI

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Loan of approx. EUR 70 million from the Bank’s own resources under the Euromed II mandate
Currently estimated at EUR 150 million
Location
Sector(s)
Description
Objectives

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

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.

Environmental aspects
Procurement

Environmental impact assessments have been carried out for all project works in line with current Algerian legislation and EIB requirements.

International competitive bidding in accordance with the Bank’s rules.

Comments

Transport (public works)

Link to source
Summary sheet
Autoroute Est-Ouest V
Other links
Data sheet
AUTOROUTE EST-OUEST V
Related press
EUR 165 mio for post-flood reconstruction and the transport sector in Algeria

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).

News & Stories

Link to source
Related press
EUR 165 mio for post-flood reconstruction and the transport sector in Algeria
Other links
Data sheet
AUTOROUTE EST-OUEST V
Summary sheet
Autoroute Est-Ouest V

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
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.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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