Republic of Yemen

Dhamar Al-Husseiniya Road (Supplementary Loan)

Loan No.:

563

Interest Rate:

2.5%

Beneficiary:

Ministry of Public Works and Highways

Grace Period:

5 years

Project Cost:

KD 30.8 million

Maturity:

25 years

Amount of Loan:

KD 12.0 million

Repayment:

41 semi-annual installments

Date of Loan Agreement:

06/03/2011

First Installment:

5 years following the first disbursement

Date of Effectiveness:

--


Objectives:

The project aims at improving road transport services in the country and connecting the central region with the western region where Hodeidah Port is located, through the construction of a paved road that extends between Dhamar and Al-Husseiniya. The project will help connect the highly populated and isolated areas with each other and with other provinces, improve the distribution of agricultural products and tourism in these areas, as well as facilitate access to Atma area which was recently declared a natural preserve.

Description:

The project, which is expected to be completed at the beginning of 2013, comprises the construction of a road of approximately 115 km in length between Kabood and Al-Meshrafah, and the completion of the remaining road works of approximately 70 km in length between Al-Hamdah and Kabood. The total width of the road is 7 m, with 1 m shoulder on each side. The project comprises the following main components:

  1. Execution of Works: This includes all works related to the paving of the road, excavation, filling, pavement layers, intersections and water drainage, along with retaining wall structures, in addition to any other necessary auxiliary works to ensure the safe flow of traffic.
  2. Technical Services: This includes the provision of technical services required to review design and tender documents, as well as management and supervision of the project.

Financing:

The Arab Fund's supplementary loan and the unused balance from the first loan, which amounts to about KD 7.1 million, cover about 62% of the total project cost. The Yemeni Government will cover the remaining cost of the project and any additional cost that may arise.


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