Scope of WorkTo Implement VICMED Project.DescriptionThe basin will extend from Lake Victoria to the Mediterranean along the Nile River which gives the countries access to the Mediterranean promotes regional integration and is considered the shortest way to connect the basin countries. VICMED is championed by Egyptian President within the framework of the Presidential Infrastructure Champion Initiative PICI of AUDA-NEPAD African Union Development Agency-New Partnership for Africas Development Agency and the South African Presidency.Egypt arranged with the African Union to finance Phase 2 of the feasibility study and start implementing the project. The pre-feasibility phase completed in May 2015 was funded by a 500000 grant from the Egyptian government. Feasibility Study Phase 1 completed in July 2019 was funded by a grant of 650000 from the African Development Bank.The estimated total time frame of the initial part of second phase of the feasibility study is 36 months from the date of procurement and approval of the grant estimated at about 11.7 million of which the NEPAD Infrastructure Project Preparation Facility NEPAD-IPPF will provide 2 million while the Egyptian government will contribute 100000. The total cost inclusive of feasibility study and implementation is estimated at 12 billion.
๐ Key Information
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Tender Reference No.
481955576
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Publication Date
14 Dec 2022
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Estimated Value
USD 12000000000
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Sector
Transportation
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Deadline
31 Dec 2026
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Notice Type
Projects
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Location
Egypt
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Contract Duration
4 Years 17 Days
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Documents & Downloads
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๐ท๏ธ CPV
No CPV found
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