FEASIBILITY STUDY OF A DEEP SEA PORT IN THE NORTH-WEST REGION OF THE REPUBLIC OF GUINEA (AFDB-P-Z1-DD0-021)

Countries
  • Guinea
Where the impacts of the investment may be experienced.
Financial Institutions
  • African Development Bank (AFDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 14, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
GOUVERNEMENT DE GUINEE
The holder of the loan, grant, or other investment.
Sectors
  • Infrastructure
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Project Cost (USD)
$ 1.04 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Feb 26, 2020

Disclosed by Bank Jan 17, 2020


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Project Description

The preparatory activities for the project is to build a multipurpose deepwater port in the Northwest region of the country.
This project aims to improve the competitiveness of Guinea's mining products, in particular bauxite, and is also of vital importance for the development of West Africa due to the reinforcement of intra-community trade which will be induced.

The project feasability study is conducted to:

(i) formally identify the optimal site for the development of a deepwater port in the North-West region of Guinea;

(ii) determine the technical and economic feasibility, financial and socio-environmental of the construction of the said port; 

(iii) design and size the future port platform at APS level;

(iv) formulate recommendations with regard to managing the environmental and social impact of the planned developments.

(Source: As translated from uploaded document in disclosure "
Guinée - Étude Polyvalent de faisabilité dans la Région du Projet Nord-Ouest de Construction de la Guinée - MIP")

Investment Description
  • African Development Bank (AFDB)

Total cost: 1443900
Currency: UAC

Source(s) of financing
Cofinanced: 1443907.79

Contact Information

Task Manager: CODO Pamphile Stanislas, PICU3 / no contact details provided at the time of disclosure

ACCOUNTABILITY MECHANISM OF AfDB

The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing crmuinfo@afdb.org, b.kargougou@afdb.org, b.fall@afdb.org, and/or s.toure@afdb.org. You can learn more about the IRM and how to file a complaint at https://www.afdb.org/en/independent-review-mechanism/.