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

    Signature(s)

    Amount
    € 20,000,000
    Countries
    Sector(s)
    Liberia : € 20,000,000
    Transport : € 20,000,000
    Signature date(s)
    2/12/2019 : € 20,000,000

    Summary sheet

    Release date
    26 September 2018
    Status
    Reference
    Signed | 02/12/2019
    20180114
    Project name
    Promoter - financial intermediary
    MANO RIVER UNION ROAD
    MINISTRY OF PUBLIC WORKS - REPUBLIC OF LIBERIA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 20 million
    EUR 59 million
    Location
    Sector(s)
    Description
    Objectives

    The EIB loan will fund upgrading and paving of Sanniquellié-Loguatou road, a major link connected with the Trans-West African Highway linking Nouakchott-Dakar-Lagos. In particular, the project concerns the rehabilitation of 47 km of the gravel road and other infrastructures.

    The project will contribute to the reduction of poverty by improving transport infrastructures and the conditions alongside the rehabilitated road connecting Liberia to Ivory Coast. The overall objective is to boost the post-conflict economic recovery of the two countries in the Mano River Union (MRU) region by improving intra-community and regional trade. The corridor, with its alignment alternatives, connects all the ports and all the main cities of Liberia and is as such an extremely important nation building/connecting element. Specifically, the project seeks to improve transport conditions in order to reduce costs, facilitate free movements of persons and goods and increasing living conditions of the surrounding communities.

    Environmental aspects
    Procurement

    The Project is expected to have an impact on the physical, biological and social resources through land take and impact on ecosystem services. The main potential negative impacts relate to: (i) the destruction of the flora and the disturbance of the fauna in the project areas; (ii) water and soil pollution; (iii) destruction / desecration of cultural sites, including sacred forests along roadsides; (iv) complete or partial destruction of property (dwelling houses, commercial facilities, etc.), (v) the spread of HIV / AIDS (to give an indication, the HIV prevalence rate in Nimber county is at 35%); and (vi) increased traffic accidents. These negative impacts should be mitigated through the application of appropriate measures contained in the Environmental and Social Management Plans (ESMP) as well as in the Resettlement Action Plans (RAPs). Also, from the start of the project, the project is expected generate positive impacts through job creation and the development of income-generating activities.

    Promoter will have to ensure that any procurement procedures will be carried out in accordance with EIB Guide to Procurement.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - MANO RIVER UNION ROAD
    Publication Date
    26 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    87598402
    Document Focus
    Environmental Information
    Project Number
    20180114
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - MANO RIVER UNION ROAD
    Publication Date
    3 Sep 2020
    Document language
    Main Topic
    Lending
    Document Number
    133257345
    Document Focus
    Environmental Information
    Project Number
    20180114
    Sector(s)
    Countries
    Publicly available
    Download now

    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