📋 Tender Overview
VICMED Project is a multimodal transport project to Link between Lake Victoria and the Mediterranean Sea. The project aims to promote intermodal transport by integrating river rail and road transport facilities along the Nile Corridor and to develop river management capacity. The project will also provide opportunities for land-locked countries to tap into other international seas and ports including Mediterranean Red seasProject stage S2B FeasibilityProject timelines Plant expected to be fully operational by 2030 Investment secured Egypt is coordinating with AfDBNEPAD-IPPF and COMESA to fund the Feasibility Study Phase 2 for all technical environmBurundi DRC Egypt Ethiopia Kenya RwandaSouth SudanSudan TanzaniaUgandaThe project of linking the Lake Victoria to the Mediterranean Sea is one of the most ambitious projects of the Nile Basin countries. It provides a sea port for the African countries. The importance of the linking project between Lake Victoria and the Mediterranean Sea is part of the development of cooperation between Nile Basin countries and the optimal exploitation of river water and the maximization of benefits for all countries as it will maximize the economic and political value of the Nile River and bring about a renaissance in cooperation and trade exchange among the Nile Basin countries.The project will facilitate the commercial transport between the Nile Basin countries at a cheap cost thus facilitating the maritime trade and opening up export markets to the continent of Europe and the Arab countries through Egypt which will contribute to the recovery of the African countries economy raising the rates of development and reducing poverty rates.
