Roads and Employment Project (WB-P160223)

Countries
  • Lebanon
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
Approved
Bank Risk Rating
B
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 6, 2017
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 Lebanon
The holder of the loan, grant, or other investment.
Sectors
  • 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)
$ 154.60 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 154.60 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)
$ 200.00 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 Jan 19, 2018

Disclosed by Bank Jan 11, 2017


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Project Description
According to bank documents, the proposed World Bank funded project of US$200 million will be part of Phase I of the US$510 million government’s roads program, and will be likely complemented by a US$100 million financing requested by the GOL from other donors. This project has three components: 1) The first component, Roads Rehabilitation and Maintenance, will primarily finance works for the rehabilitation and maintenance of about 500 kilometers of primary, secondary, and tertiary roads, including road safety and spot improvements as well as supporting consultancy services. 2) The second component, Improving Road Emergency Response Capacity, aims at improving the capacity of the Ministry of Public Works and Transport (MPWT) to deal with road emergency works, especially those induced by snow and climate extremes. 3) The third component, Capacity Building and Implementation Support, is aimed at building the capacity of the Lebanese agencies in the planning and management of the road sector.
Investment Description
  • World Bank (WB)
Contact Information
Team Leader: Ziad Salim EL Nakat Senior Transport Specialist, World Bank No contact information provided at the time of disclosure. Implementing Agency: Council for Development and Reconstruction Wafaa Charafeddine, Director Email Address: wafac@cdr.gov.lb 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.