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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    Syrian Arab Republic : € 50,000,000
    Transport : € 50,000,000
    Signature date(s)
    22/05/2003 : € 50,000,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    15 May 2002
    Status
    Reference
    Signed | 22/05/2003
    20010662
    Project name
    Promoter - financial intermediary
    Port of Tartous

    General Company of the Tartous Port
    Contact point: Ministry of Transport

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 50 million
    Estimated at some EUR 100 million
    Description
    Objectives

    Upgrading and expansion of the Port of Tartous.

    To accommodate better container and general cargo traffic and to introduce more effective working practices with the provision of efficient cargo handling equipment and training of technical staff. To strengthen the country's infrastructure, technology and services, with a view to preparing Syria for its participation in the Euro-Mediterranean Free Trade area to be established in 2010.

    Environmental aspects
    Procurement

    Consisting of civil works inside the existing port breakwaters and provision of cargo handling equipment, the project only has a limited impact on the environment. Specific environmental aspects (such as deposit of dredged materials) will be reviewed in technical studies to be carried out with the detailed design phase of the project.

    Procurement of the major civil works and equipment contracts, either financed by the Bank or the Syrian budget, will be through open tenders advertised in the Official Journal of the European Communities.

    Link to source
    Summary sheet

    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).

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    Other links
    Data sheet
    Summary sheet

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    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.
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