National Roads II

Promoteur – Intermédiaire Financier

Ministry of Communication and Works
Public Works Department

Lieu

• Chypre

Description

Investment loan with three components:
(i) Upgrading of about 14 km of A1 motorway from Nicosia to Ayia Varvara and associated access roads;
(ii) Upgrading and new construction of about 5 km of highway to improve access to Limassol port;
(iii) Implementation of a countrywide speed camera program

Objectifs

The project is expected to improve traffic conditions in several sections of the Cypriot road network. It would have significant economic benefits such as savings in operating costs and in travel time, as well as improved road safety.

Secteur(s)

• Transports

Montant BEI envisagé (montant approximatif)

EUR 100 million.

Coût total (montant approximatif)

EUR 200 million.

Aspects environnementaux

The applicability of the SEA Directive is to be assessed during appraisal. The two road schemes to be included in the project all fall under Annex II of the EIA Directive 85/337/EEC as amended and therefore are to be screened by the Competent Authority to determine whether an EIA is necessary or not. The screening and, where applicable, subsequent EIA procedure, including as necessary issues related to the Habitats and Birds Directives, are to be assessed during appraisal. The road safety component of the project does not fall under either Annex I or II of the EIA Directive 85/337/EEC.

Passation des marchés

The Promoter is a contracting authority governed by public law and is subject to provisions of Directive 2004/18/EC. The Bank will examine the procurement arrangements during appraisal.

Statut

Signé - 18/03/2011