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Project News Details
Title:
Multinational – Malawi/Zambia - Nacala Road Corridor Development Project – Phase IV
Detail:
The proposed operation is an ADF Loan of UA 8.751 million to the Republic of Zambia as supplementary financing to cover the funding gap of the Multinational Nacala Road Corridor Project Phase IV. The project involves rehabilitation of a 75 km road between Liwonde and Mangochi in Malawi along the Nacala Road Corridor as well as establishment of OneStop-Boarder-Posts (OSBPs) between Malawi and Mozambique and between Malawi and Zambia. The main component of the project on the Zambian side is the construction of a One Stop Border Post (OSBP) at Mwami. It has however been noted that there is significant budget shortfall to cover all the activities to construct the OSBP mainly arising from a design review that resulted in a higher cost than was originally anticipated. Further, the Road Development Agency has proposed to the AfDB the need to incorporate the construction of two permanent weighbridges to be located at Mwami and Katete in order to ensure sustainability of the investment on the Great East road. This Supplementary Loan operation aims to cover the above funding shortfall to enable the Project to fully achieve its objectives. As per initial design, the project under supplementary financing will retain the same 4 components, namely: road rehabilitation and safety improvements; transport and trade facilitation; social inclusiveness activities; and support to project management.
Country:
Source:
African Development Bank Group
Published Date:
27.02.2020
URL:
Project News Details
| Title |
Multinational – Malawi/Zambia - Nacala Road Corridor Development Project – Phase IV |
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| Detail |
The proposed operation is an ADF Loan of UA 8.751 million to the Republic of Zambia as supplementary financing to cover the funding gap of the Multinational Nacala Road Corridor Project Phase IV. The project involves rehabilitation of a 75 km road between Liwonde and Mangochi in Malawi along the Nacala Road Corridor as well as establishment of OneStop-Boarder-Posts (OSBPs) between Malawi and Mozambique and between Malawi and Zambia. The main component of the project on the Zambian side is the construction of a One Stop Border Post (OSBP) at Mwami. It has however been noted that there is significant budget shortfall to cover all the activities to construct the OSBP mainly arising from a design review that resulted in a higher cost than was originally anticipated. Further, the Road Development Agency has proposed to the AfDB the need to incorporate the construction of two permanent weighbridges to be located at Mwami and Katete in order to ensure sustainability of the investment on the Great East road. This Supplementary Loan operation aims to cover the above funding shortfall to enable the Project to fully achieve its objectives. As per initial design, the project under supplementary financing will retain the same 4 components, namely: road rehabilitation and safety improvements; transport and trade facilitation; social inclusiveness activities; and support to project management.
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| Source |
African Development Bank Group
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| Published Date |
27.02.2020
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| Original Url | ||||
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| Title |
|---|
Multinational – Malawi/Zambia - Nacala Road Corridor Development Project – Phase IV |
| Detail |
| The proposed operation is an ADF Loan of UA 8.751 million to the Republic of Zambia as supplementary financing to cover the funding gap of the Multinational Nacala Road Corridor Project Phase IV. The project involves rehabilitation of a 75 km road between Liwonde and Mangochi in Malawi along the Nacala Road Corridor as well as establishment of OneStop-Boarder-Posts (OSBPs) between Malawi and Mozambique and between Malawi and Zambia. The main component of the project on the Zambian side is the construction of a One Stop Border Post (OSBP) at Mwami. It has however been noted that there is significant budget shortfall to cover all the activities to construct the OSBP mainly arising from a design review that resulted in a higher cost than was originally anticipated. Further, the Road Development Agency has proposed to the AfDB the need to incorporate the construction of two permanent weighbridges to be located at Mwami and Katete in order to ensure sustainability of the investment on the Great East road. This Supplementary Loan operation aims to cover the above funding shortfall to enable the Project to fully achieve its objectives. As per initial design, the project under supplementary financing will retain the same 4 components, namely: road rehabilitation and safety improvements; transport and trade facilitation; social inclusiveness activities; and support to project management. |
| Country |
| Source |
| African Development Bank Group |
| Regions |
|
-
|
| Sectors |
| Published Date |
| 27.02.2020 |
| Original Url |
| View Original Url |
| Share |
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