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    Signature(s)

    Amount (.*)
    € 224,730,000
    Countries
    Sector(s)
    Madagascar : € 224,730,000
    Transport : € 224,730,000
    Signature date(s)
    8/12/2017 : € 110,000,000
    31/08/2018 : € 114,730,000
    (*) Including a € 114,730,000 Investment Grants provided by the AFRICA INVESTMENT PLATFORM
    Link to source

    Summary sheet

    Release date
    12 April 2017
    Status
    Reference
    Signed | 08/12/2017
    20160754
    Project name
    Promoter - financial intermediary
    MODERNISATION RESEAU ROUTIER MADAGASCAR
    AUTORITE ROUTIERE DE MADAGASCAR
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 225 million
    EUR 236 million
    Location
    Sector(s)
    Description
    Objectives

    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.

    Environmental aspects
    Procurement

    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.

    Link to source

    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) - MODERNISATION RESEAU ROUTIER MADAGASCAR
    Publication Date
    27 Oct 2017
    Document language
    Main Topic
    Lending
    Document Number
    75418646
    Document Focus
    Environmental Information
    Project Number
    20160754
    Sector(s)
    Countries
    Publicly available
    Download now

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    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.
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