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

  • Funding for Czech road upgrade programme
    August 19, 2016
    The Czech Republic is planning a major programme of road upgrades. This will target secondary roads in the country, improving road surfaces as well as safety features. Some €155.45 million is being provided by the Czech Ministry for Local Development for the work. Much of the funding is being sourced from EU financing, with the programme of road repair and upgrade works scheduled to take place from August 2016 until October 2022.
    Read More
  • Tackling Indian road safety
    December 5, 2012
    India’s road safety record is the world’s worst but there are plans to tackle the problems. Patrick Smith reports from New Delhi. A speeded up video of a short section of road in the Indian capital Delhi was followed by a question. “How many infringements did you count in that 25-second clip on a typical day in Delhi,” asked Dr Rohit Baluja, a question that brought understandable silence. It equated to hundreds of millions of infringements each year, said Dr Baluja, president, Institute of Road Traffic Educ
    Read More
  • EU support will help pay for upgrades to Germany’s A3 autobahn
    January 30, 2014
    EU support will help pay for work to the German A3 autobahn between the major cities of Frankfurt and Nürnberg. Co-financing worth just over €6 million will come from the TEN-T Programme a project to expand and upgrade the busy A3 autobahn. The initiative, which was selected for funding under the 2012 TEN-T Annual Call, involves the upgrade of nearly 8km of the A3 Frankfurt-Nürnberg autobahn to three lanes in each direction - from east of the Kauppen Bridge to west of junction 64 (at Rohrbrunn). Presently t
    Read More
  • New Pakistan motorway routes
    November 12, 2024
    New Pakistan motorway routes will be built under the PPP model.
    Read More

Highlighted Content