DRC - High Priority Roads Reopening and Maintenance- 2nd Additional Financing (WB-P153836)

Countries
  • Congo, Democratic Republic of
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
A
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
Feb 18, 2016
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
Government of Democratic Republic of Congo
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Infrastructure
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 125.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 164.20 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 @ WB website

Updated in EWS Sep 18, 2017


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Project Description
This project finances the re-opening, rehabilitation, and maintenance three additional sections of high-priority existing roads between the Provinces of Sud and Nord Kivu and within the Province of Nord Kivu and the Province Orientale. This includes 750 km of new roads, and this additional financing will cover the financing gap and overrun cost associated with the initial project.
Investment Description
  • World Bank (WB)
Contact Information
World Bank Contact: Alexandre K. Dossou Title: Sr Transport. Spec. Tel: 5377+3052 Email: adossou@worldbank.org Borrower/Client/Recipient Name: Ministere des Finances Contact: GĂ©rard MUTOMBO Title: Chief of Staff Tel: 243818317669 Email: cabfinances@minfinrdc.com Implementing Agencies Name: Cellule Infrastructures - Ministry of Public Works Contact: Theophile NTELA LUGUMBA Title: Coordinator Tel: 243810376494 Email: info@celluleinfra.org ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.