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

  • European funding for Ethiopian infrastructure
    November 27, 2013
    A new agreement on funding has been struck between Ethiopia and the European Union. The deal will see the EU providing some US$ 287 million in the form of a development grant, to be used for an array of projects in the country. In all $66.56 million of the funding will be used for road construction, with the rest of the grant being aimed at improving health and protecting the country from drought.
    Read More
  • Two bridges in Nepal to help power generation increase
    October 11, 2012
    Construction of two vital bridges in Nepal will help increase power generation and offer a return on investment Two bridges are required in Nepal to enable the country to address its current capacity shortfall in electric power generation. Once constructed, they will be the largest single-span truss bridges in Nepal. Construction of the Arun River Bridge at Leguwaghat, Dhankuta, and Sabha Khola Bridge, Sankhuwasabha District, is also required to maximise the rate of return on special programmes under the R
    Read More
  • Azerbaijan bridge project underway
    January 10, 2022
    An important bridge project is underway in Azerbaijan.
    Read More
  • New US$200 million ring road to be built in Belarus capital Minsk
    May 23, 2014
    Minsk is to benefit from a new ring road that will cut city congestion - Eugene Gerden reports The government of Belarus is investing more than US$200 million in the building of a new ring road around the country’s capital Minsk, in accordance with a government decree. Implementation of the project is taking place as part of the existing large-scale state road building programme in the country until 2017, with the total cost estimated at US$5 billion. The new road will measure some 85km long and will feat
    Read More

Highlighted Content