Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

Signature(s)

Amount
€ 35,000,000
Countries
Sector(s)
Jamaica : € 35,000,000
Transport : € 35,000,000
Signature date(s)
23/12/2008 : € 35,000,000
Link to source
Other links

Summary sheet

Release date
27 April 2006
Status
Reference
Signed | 23/12/2008
20030471
Project name
Promoter - financial intermediary
Norman Manley International Airport
Airports Authority of Jamaica / NMIA Airports Limited
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to USD 40 million.
Total estimated project cost approximately USD 100 million.
Location
Sector(s)
Description
Objectives

Rehabilitation of international airport terminal and associated infrastructure under a concession agreement with NMIAL, a subsidiary of AAJ, as part of a phased approach to privatization.

The project aims to rehabilitate existing facilities and increase the capacity of Norman Manley International Airport, serving Jamaica’s capital, Kingston, through the provision of new passenger terminal facilities and associated airside and landside infrastructure. The project will be carried out under a concession agreement with NMIAL, a wholly owned subsidiary of AAJ.

Environmental aspects
Procurement

The project schemes are located within the operational airport boundaries and represent primarily asset replacement and upgrading of existing airside facilities. The project is therefore not considered to have a significant impact on the environment. Nevertheless, the Bank required the promoter to undertake a further Environmental Impact Study to assess the impacts of the proposed development and to identify suitable mitigation and compensatory measures. As part of the study the consultants prepared environmental management and monitoring plans to ensure mitigating and compensatory measures are applied during construction and operation phases.

The procurement process for the terminal expansion works project involved restricted tendering procedures following publication in the Official Journal of the European Union (OJEU). National procedures have been followed for works contracts that are below the established thresholds. Procurement for consulting services was undertaken in 2003 following an international tender procedure.

Link to source
Other links

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).

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 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.

Related publications