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    Signature(s)

    Amount
    € 63,083,305.66
    Countries
    Sector(s)
    Jordan : € 63,083,305.66
    Transport : € 63,083,305.66
    Signature date(s)
    22/12/2003 : € 26,165,167.62
    25/11/2008 : € 36,918,138.04
    Link to source
    Data sheet

    Summary sheet

    Release date
    19 December 2003
    Status
    Reference
    Signed | 22/12/2003
    20030068
    Project name
    Promoter - financial intermediary
    Amman Ring Road
    The project will be implemented by the Ministry of Public Works and Housing (MPWH) on behalf of the Hashemite Kingdom of Jordan.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    up to EUR 30m (EUROMED II).
    Estimated at JOD 105m (EUR 132.2m).
    Location
    Sector(s)
    Description
    Objectives

    The project consists in the construction of the eastern section (40.85 km) of the Amman Ring Road (total length 116 km). It will provide a bypass on the main North-South link between the Syrian and Iraqi borders on one hand and the port of Aqaba on the other, and serve as a distributor for local traffic concerning the rapidly growing capital of Jordan, Amman.

    The project will alleviate traffic congestion and improve safety by reducing frequent bottlenecks that are present along the existent Hizam road. Economic benefits will accrue in the form of time savings, vehicle operating cost savings and reduction in accident rates.

    Environmental aspects
    Procurement

    A full Environmental Impact Assessment (EIA) and a Land Acquisition and Resettlement Plan (LARP) were completed in 1999 for the road component of the project. These studies are currently being updated, accounting for changes in the settlement patterns in the project area, on the basis of an unchanged alignment. The scopes of both EIA and LARP have been broadened to include the customs depot and inland port facilities.

    As on other projects financed previously in the Jordanian public sector, it is expected that the MPWH will follow usual open public tender procedures in line with the Bank’s procurement guidelines.

    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).

    News & Stories

    Other links
    Data sheet
    Summary sheet

    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.

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    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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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