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Summary sheet

Release date
1 December 2020
Status
Reference
Approved | 24/02/2021
20180246
Project name
Promoter - financial intermediary
ALGETI - SADAKHLO ROAD (FL 20170159)
MINISTRY OF REGIONAL DEVELOPMENT AND INFRASTRUCTURE
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 85 million
EUR 107 million
Location
Sector(s)
Description
Objectives

Upgrade of the Algeti-Sadakhlo road (approximately 30 km), which will connect a transit corridor of the E-60 Highway to the Armenian border.

The proposed loan will support the Georgian Government in completing the implementation of its national priority 2017-2020 construction and upgrading programme for the road network. The objective is to promote sustainable road infrastructure development providing efficient transportation, enhancing cross border and regional connectivity, the population's local mobility and ensuring short- and long-term benefits for all road users.

Environmental aspects
Procurement

If located in the EU, the operation would be subject to the Environmental Impact Assessment (EIA) Directive (2014/52/EU amending EIA Directive 2011/92/EU) and the Birds and Habitats Directives (2009/147/EC and 92/43/EEC respectively). Those investment schemes which would normally fall under Annex I and/or are screened in, would require an EIA. The EIA process and approval, biodiversity assessment requirements, climate adaptation, social impacts and mitigation measures will be further checked during the appraisal. In particular, the Bank's services will discuss with the competent authorities the environment permits needed to implement the investment schemes, as well as any social and land acquisition issues and protected areas affected by these sub-projects.

The operation will be implemented with other international financial institutions. The Bank will require the Promoter to ensure that any procurement procedures on the road sections financed by the Bank are done in accordance with the EIB Guide to Procurement and the relevant applicable EU public procurement rules.

Under ELM Guarantee

This operation is covered by the ELM Guarantee.

Related projects
Link to source

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).

Documents

Environmental and Social Impact Assessment (ESIA) - ALGETI - SADAKHLO ROAD (FL 20170159) - Sadakhlo - Algeti Road
Publication Date
15 Oct 2020
Document language
Main Topic
Lending
Document Number
133565779
Document Focus
Environmental Information
Project Number
20180246
Sector(s)
Countries
Publicly available
Download now
Resettlement Action Plan (RAP) - ALGETI - SADAKHLO ROAD (FL 20170159) - Land Acquisition and Resettlement Plan - Algeti-Sadakhlo Road
Publication Date
29 Jan 2021
Document language
Main Topic
Lending
Document Number
137736755
Document Focus
Environmental Information
Project Number
20180246
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - ALGETI - SADAKHLO ROAD (FL 20170159)
Publication Date
5 Mar 2021
Document language
Main Topic
Lending
Document Number
130234867
Document Focus
Environmental Information
Project Number
20180246
Sector(s)
Countries
Publicly available
Download now

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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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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.

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