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Signature(s)

Amount
€ 20,000,000
Countries
Sector(s)
Liberia : € 20,000,000
Transport : € 20,000,000
Signature date(s)
2/12/2019 : € 20,000,000
Link to source

Summary sheet

Release date
26 September 2018
Status
Reference
Signed | 02/12/2019
20180114
Project name
Promoter - financial intermediary
MANO RIVER UNION ROAD
MINISTRY OF PUBLIC WORKS - REPUBLIC OF LIBERIA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 20 million
EUR 59 million
Location
Sector(s)
Description
Objectives

The EIB loan will fund upgrading and paving of Sanniquellié-Loguatou road, a major link connected with the Trans-West African Highway linking Nouakchott-Dakar-Lagos. In particular, the project concerns the rehabilitation of 47 km of the gravel road and other infrastructures.

The project will contribute to the reduction of poverty by improving transport infrastructures and the conditions alongside the rehabilitated road connecting Liberia to Ivory Coast. The overall objective is to boost the post-conflict economic recovery of the two countries in the Mano River Union (MRU) region by improving intra-community and regional trade. The corridor, with its alignment alternatives, connects all the ports and all the main cities of Liberia and is as such an extremely important nation building/connecting element. Specifically, the project seeks to improve transport conditions in order to reduce costs, facilitate free movements of persons and goods and increasing living conditions of the surrounding communities.

Environmental aspects
Procurement

The Project is expected to have an impact on the physical, biological and social resources through land take and impact on ecosystem services. The main potential negative impacts relate to: (i) the destruction of the flora and the disturbance of the fauna in the project areas; (ii) water and soil pollution; (iii) destruction / desecration of cultural sites, including sacred forests along roadsides; (iv) complete or partial destruction of property (dwelling houses, commercial facilities, etc.), (v) the spread of HIV / AIDS (to give an indication, the HIV prevalence rate in Nimber county is at 35%); and (vi) increased traffic accidents. These negative impacts should be mitigated through the application of appropriate measures contained in the Environmental and Social Management Plans (ESMP) as well as in the Resettlement Action Plans (RAPs). Also, from the start of the project, the project is expected generate positive impacts through job creation and the development of income-generating activities.

Promoter will have to ensure that any procurement procedures will be carried out in accordance with EIB Guide to Procurement.

Link to source
Summary sheet
Other links

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).

Documents

Environmental and Social Data Sheet (ESDS) - MANO RIVER UNION ROAD
Publication Date
26 Jan 2019
Document language
Main Topic
Lending
Document Number
87598402
Document Focus
Environmental Information
Project Number
20180114
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - MANO RIVER UNION ROAD
Publication Date
3 Sep 2020
Document language
Main Topic
Lending
Document Number
133257345
Document Focus
Environmental Information
Project Number
20180114
Sector(s)
Countries
Publicly available
Download now
Other links

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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