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    Reference: 20160754
    Release date: 12 April 2017

    Promoter – Financial Intermediary

    AUTORITE ROUTIERE DE MADAGASCAR

    Location

    Description

    The project concerns the rehabilitation of several priority road sub-sections in the northern and southern parts of Madagascar, allowing access to ports and unlocking economic growth potential in the region.

    Objectives

    The project will improve transport connections in the northern and southern parts of the country, which will help the business environment and strengthen and develop the private sector. The modernisation of the road network will increase people's mobility and support the transportation of goods, thereby unlocking growth potential in the areas concerned by the project.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 225 million

    Total cost (Approximate amount)

    EUR 236 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 will be done in accordance with the Bank's Guide to Procurement.

    Status

    Signed - 8/12/2017

    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).

    Related tags

    Madagascar Transport