France and Ivory Coast agree road funding package

France and Côte d'Ivoire have signed a financing deal worth US$206.46 million (€190 million) for the refurbishment of roads. This will form part of the French development aid programme. The funding will be directed towards rebuilding the Bouaké-Ferkéssédougou road and the Félix Houphouët-Boigny bridge in Abidjan. Under the terms of the debt restructuring programme the countries have agreed, France will receive money from Côte d'Ivoire and will then lend an equivalent amount.
November 6, 2015 Read time: 1 min
France and Côte d'Ivoire have signed a financing deal worth US$206.46 million (€190 million) for the refurbishment of roads. This will form part of the French development aid programme. The funding will be directed towards rebuilding the Bouaké-Ferkéssédougou road and the Félix Houphouët-Boigny bridge in Abidjan. Under the terms of the debt restructuring programme the countries have agreed, France will receive money from Côte d'Ivoire and will then lend an equivalent amount.
Road Structures Finance & Funding Maintenance

Related Content

  • Eastern Poland’s POPW programme gets funding boost
    September 1, 2017
    In the latest round of applications for EU subsidies for road investments within the POPW programme for Eastern Poland, the province of Podlasie saw its projects among the most highly-rated. As a result, it is to receive almost PLN 400mn (EUR 93.59mn USD 110.06mn) of funding.
    Read More
  • ERF calls for roads maintenance funding
    February 19, 2014
    On 27 November, six key stakeholders sounded an alarm bell to Member States urging them to stick to their pledges made at the International Transport Forum meeting in May 2013, where Ministers signed a joint declaration on Sustainable Infrastructure Financing On the occasion of the launch the latest consultation paper on ‘Roads that Cars can Read’, The European Automobile Manufacturers Association (ACEA), the Federation Internationale de l’Automobile (FIA), the International Road Transport Union (IRU), t
    Read More
  • Major highway improvement project on track in Colombia
    February 29, 2016
    In Colombia plans are now in hand for a major highway improvement project. Concesión Pacífico Tres is joint concession operator of the tolled links for Colombia’s major commercial regions connecting with the Pacific port hub. US firm Milbank, Tweed, Hadley & McCloy has provided advice to Colombian Concessionaire Concesión Pacífico Tres SAS and its sponsors, MHC Ingeniería y Construcción de Obras Civiles and Construcciones El Cóndor, and Costa Rica’s infrastructure company Constructora MECO. The advice was
    Read More
  • New bridges for Belgrade
    February 27, 2012
    Work is now underway in Serbia to build a new bridge over the Danube River.
    Read More

Highlighted Content