Rehabilitation of the Great East Road, Zambia
- Region
- Southern Africa
- Sector
- Transport
- Scope
- IRS
- Grant Amount
- EUR 25,000,000
- Total project cost
- EUR 250,000,000
- Status
- Approved
- PFG Lead Financier
- EIB
The Great East Road is a 360km long road built almost 40 years ago in urgent need of reconfiguration, strengthening and general rehabilitation (including bridge replacements). It forms part of the regional Nacala Corridor (Zambia, Malawi and Mozambique). Related corridor developments include road and rail upgrading in Malawi and Mozambique. A dry port (rail & road interconnection) at Chipata, Zambia is under consideration (pre- feasibility study is being funded by the EC). The road project Feasibility Study, Detailed Design and Tender Documentation has been funded by the EC (EDF9). The project cost is estimated to be up to EUR 250m. Implementation will be under the responsibility of the Government of the Republic of Zambia (GRZ).
The ITF Grant of up to EUR 25m will be used to subsidise the interest rate of EIB's loan of EUR 80m to the GRZ.
