Release date: 19 December 2003
Promoter – Financial Intermediary
The project will be implemented by the Ministry of Public Works and Housing (MPWH) on behalf of the Hashemite Kingdom of Jordan.Location
Description
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.
Objectives
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.
Sector(s)
Proposed EIB finance (Approximate amount)
up to EUR 30m (EUROMED II).
Total cost (Approximate amount)
Estimated at JOD 105m (EUR 132.2m).
Environmental aspects
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.
Procurement
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.
Status
Signed - 22/12/2003
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).