Loan No: | 658 | Interest Rate: | 2.0 % |
Beneficiary: | Ministry of Equipment and Transport | Grace Period: | 7 years |
Project Cost: | KD 16.5 million | Maturity: | 31 years |
Amount of Loan: | KD 14.0 million | Repayment: | 49 semi-annual installments |
Date of Board Approval: | 2018-05-31 | First Installment: | 7 years following the first disbursement |
Date of Loan Agreement: | 2019-03-21 | Date of Loan Effectiveness: | - |
Objectives:
The project aims at improving the link between east and west Mauritania, and developing transport services on the main road between the capital Nouakchott and the border with the Republic of Mali, known as Al-Amal road, which the project constitutes one of its important sections. The project is expected to contribute to the development of areas adjacent to the road, and the improvement of the social and economic conditions of their inhabitants.
Description:
The project, which is expected to be completed in the first quarter of 2022, consists of the rehabilitation and strengthening of the Amal road section, which extends from Boutlimit to Aleg, with a total length of about 112 km, and a width of 10 m, including 7 m asphalted pavement. The project consists of the following main components:
- Civil Works:This includes excavation and backfilling, quicksand stabilization, construction of pavements and asphalt road, construction and maintenance of the drainage facilities, and other complementary works necessary to the project.
- Consultancy Services:This includes the consultancy services required for the supervision of the project implementation, and the study of the detour of the road outside Aleg, including the preparation of the final design and tender documents.
- Institutional Support:This includes the acquisition of several road traffic counting devices, road load balancing scales, lifting machines and equipment for the inspection and maintenance of roads, in addition to training of the employees at the Ministry and at the company of cleaning, works, transport and maintenance, which is responsible for the maintenance of the road network in Mauritania.
Financing:
The Arab Fund’s loan covers about 85% of the total project cost. The Mauritanian Government will cover the remaining cost of the project and any additional cost that may arise.