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Reference: 20170152
Release date: 10 November 2017

Promoter – Financial Intermediary

MINISTERE DE L'EQUIPEMENT, DE L'AMENAGEMENT DU TERRITOIRE

Location

Description

Construction of eight grade-separated interchanges along the main inner bypass (Rocade km4) of the city of Sfax, in Tunisia.

Objectives

The project is part of the city's strategic multimodal mobility plan and shall eliminate key urban bottlenecks on the main bypass of Sfax. It is in line with the over-arching city and country strategy to increase competitiveness through the provision of essential infrastructure. The project meets the Bank's objectives for transport lending and is in line with the Bank's mandate for the region. The project includes a climate change adaptation component consisting of incremental improvements of the drainage systems around the new interchanges and connected to the city's canal along the bypass.

Sector(s)

Under ELM Guarantee

This operation is covered by the ELM Guarantee.

Proposed EIB finance (Approximate amount)

EUR 33 million

Total cost (Approximate amount)

EUR 65 million

Environmental aspects

The Bank has taken and will continue to have a leading role in ensuring adequate standards are met for ESIAs (Environmental and Social Impact Assessments) as well as the RPF (Resettlement Policy Framework), RAPs (Resettlement Action Plans) and Road Safety Audits (RSA). The Bank has organised training courses (using an external consultant) in the promoter's premises to strengthen the promoter's capacity to carry out the assessment of environmental and social risks, including appropriate public consultation. The services have actively contributed to provide support to the project implementation unit to reinforce the promoter's capacity and mitigate project implementation risks.

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

Approved - 29/09/2017

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).

Related tags

Tunisia Transport