Release date: 1 July 2016
Promoter – Financial Intermediary
REPUBLIQUE DE MADAGASCARLocation
Description
Post-disaster reconstruction of transport and flood-protection infrastructure, predominantly in the Antananarivo region, damaged during the extreme weather of spring 2015
Objectives
The project will focus on infrastructure damage directly caused by recent flooding. Selected schemes concern key sections of road, dykes and bridges damaged or even destroyed by flooding and causing severe disruptions in the area.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 40 million
Total cost (Approximate amount)
EUR 40 million
Environmental aspects
If located within the EU, the project components would not require an environmental impact assessment (EIA) as they consist of the reconstruction of existing infrastructure.
Procurement
The Bank will require the promoter to ensure that implementation of the project is done in accordance with the Bank's Guide to Procurement.
Status
Signed - 23/06/2016
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).