Description
<p>Updating Content</p>
Project Status
Active
Project Stage
Project Definition
Completion Percentage
0
Sector Name
Transport
Subsector Name
Inland Port & Waterway
Reference Plan
PIDA PAP 2
On SDM
On
Summary
<p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12.0pt; line-height: 107%; font-family: 'Amasis MT Pro',serif;">The VICMED project is a strategic initiative aimed at establishing a navigational line connecting Lake Victoria to the Mediterranean Sea through the Nile River. This ambitious project, championed by Egypt and approved by the African Union in 2013, seeks to foster socio-economic integration, sustainable multimodal transport, and enhanced trade among the Nile Basin countries.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12.0pt; line-height: 107%; font-family: 'Amasis MT Pro',serif;">The project's objectives include poverty reduction, economic development, and improved global economic participation for the region. Key activities involve creating a safe, efficient waterway, building capacity for river navigation management, and promoting cross-border trade and tourism. The project emphasizes environmental balance, gender responsiveness, and inclusive development.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12.0pt; line-height: 107%; font-family: 'Amasis MT Pro',serif;">Organizationally, COMESA coordinates between the champion country (Egypt), the Project Management Unit, and other footprint countries. A Steering Committee with representatives from transport and water sectors oversees activities, while National Committees in each country represent stakeholders. The Regional Project Management Unit in Egypt manages operations and capacity building.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12.0pt; line-height: 107%; font-family: 'Amasis MT Pro',serif;">The VICMED project is part of the PIDA Priority Action Plan 2 and aligns with various African development initiatives, including the AU's Agenda 2063 and AfDB's High-5 priorities. It supports climate change mitigation through low-carbon transport. The project has completed its prefeasibility study (funded by Egypt) and Phase 1 of the feasibility study (funded by AfDB), with Phase 2 currently in progress.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12.0pt; line-height: 107%; font-family: 'Amasis MT Pro',serif;">The project's objectives include poverty reduction, economic development, and improved global economic participation for the region. Key activities involve creating a safe, efficient waterway, building capacity for river navigation management, and promoting cross-border trade and tourism. The project emphasizes environmental balance, gender responsiveness, and inclusive development.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12.0pt; line-height: 107%; font-family: 'Amasis MT Pro',serif;">Organizationally, COMESA coordinates between the champion country (Egypt), the Project Management Unit, and other footprint countries. A Steering Committee with representatives from transport and water sectors oversees activities, while National Committees in each country represent stakeholders. The Regional Project Management Unit in Egypt manages operations and capacity building.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12.0pt; line-height: 107%; font-family: 'Amasis MT Pro',serif;">The VICMED project is part of the PIDA Priority Action Plan 2 and aligns with various African development initiatives, including the AU's Agenda 2063 and AfDB's High-5 priorities. It supports climate change mitigation through low-carbon transport. The project has completed its prefeasibility study (funded by Egypt) and Phase 1 of the feasibility study (funded by AfDB), with Phase 2 currently in progress.</span></p>
Capex Cost
3.06USD million
Preparation Cost
12.00
Operation Cost
167.50
Project Risk
<p>The main risks associated with the proposed studies relate to:</p>
<p>• Delayed mobilization of financing for undertaking the Full Feasibility Study and Detailed Design and Implementation of the preferred alternative;</p>
<p>• The limited funding made available for data collection could negatively affect the quality of the data taken into the next phase and therefore partially achieve the expected outcomes; and</p>
<p>• There is a risk of delays in arrangements that entails an executing agency, could delay reviews and clearances of critical activities, such as procurement. • These risks will be mitigated by the following:</p>
<p>• The Bank Project Team and the Government of Egypt will work jointly to mitigate potential delays to ensure timely signature and ratification of the grant agreement;</p>
<p>• The Bank through NEPAD IPPF will mobilize resources from partners to finance the next stage to Full Feasibility and Detail Design, Documentation to implementation;</p>
<p>• A Steering Committee of Permanent/Principal Secretaries of the footprint states chaired by COMESA will be established to provide policy directions to the study. The scope of work in the TORs will be structured to ensure that quality data collected feeds into the next phase of the project. OMU will require close collaboration with OCUs with set timelines in which to complete reviews</p>
Countries
Egypt, Uganda, Sudan, South Sudan, Egypt, Sudan, South Sudan, Kenya, Uganda, Tanzania, Rwanda, Democratic Republic of Congo, Ethiopia
Beneficiary Countries
Egypt, Sudan, South Sudan, Kenya, Uganda, Tanzania, Rwanda, Democratic Republic of Congo, Ethiopia
Stakeholders
Egypt - Government of Egypt
Start Date
Date Created Raw