Release date: 24 August 2010
Promoter – Financial Intermediary
Contact point: RDA, Mr Elias Mwape, Chief Engineer – Planning
Phone +260 211 253 088 or +260 211 253 002/ Fax: +260 211 253 404 e-mail: emwape@roads.gov.zm.
Location
Description
Improvement of about 360 km of single carriageway highway on the Great East Road connecting central Zambia to its eastern province, as well as into the “Nacala Development Corridor”, a regional transport corridor linking Malawi and Zambia to the deep water port of Nacala in Mozambique.
Objectives
The project is expected to generate savings in vehicle operating costs and travel time as well as reduce the risk of road accidents. The project feeds the Nacala Corridor, which, when fully upgraded, will offer a significantly shorter route to/from the sea for Zambian imports and exports than other existing routes through South Africa and Tanzania. The EIB contribution is expected to include the works for developing a dry port (road-rail interconnector) in Chipata.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 80 million.
Total cost (Approximate amount)
Indicative amount: EUR 250 million.
Environmental aspects
An EIA procedure, in accordance with applicable standards, was undertaken and submitted to the Competent Authority (Environmental Council of Zambia, ECZ) for approval. In its letter dated 9th July 2010, the ECZ approved the present project.
Procurement
The promoter is a public authority and, if operating as a contracting entity in the EU, would be subject to the provisions of the public procurement Directive 2004/18. The promoter will therefore be required to undertake procurement in accordance with the EIB Guide to Procurement which imposes the main mechanisms of the EC Directives.
Status
Signed - 8/12/2011
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).