Release date: 12 April 2017
Promoter – Financial Intermediary
AUTORITE ROUTIERE DE MADAGASCAR
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.
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.
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 225 million
Total cost (Approximate amount)
EUR 236 million
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.
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.
Signed - 8/12/2017
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).