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

  • India tollway deal plus work for roads, bridges and tunnels
    July 11, 2017
    A 21-year concession deal has been agreed for the widening project for a 114km stretch of road linking Gujarat and Rajasthan states in India. The route will be widened to six lanes, with three in either direction. The project financing is worth over US$226 million, with a group of lenders having agreed the terms for the project with the National Highways Authority of India (NHAI). The agreement has been achieved by Udaipur Tollways, disclosed IRB Infrastructure Developers, which owns the special purpose veh
    Read More
  • Mozambique receives road funding
    February 16, 2012
    Mozambique's necessary infrastructure work will receive a boost from foreign loans.
    Read More
  • France’s spending on national road repairs to reach €1 billion
    May 30, 2018
    France has increased its annual national-road modernisation fund by 25% to €1 billion for starting next year. French Transport Minister Élisabeth Borne made the announcement, pointing out that the country’s roads in the worst condition will get priority. Also, starting in 2022, roads will be reviewed every five years under a new scoring system to determine which are in most need of repairs and modernisation. Borne noted that she wanted to speed up improvement works on routes serving mid-sized cities.
    Read More
  • France a star in road safety
    September 3, 2012
    In the past, France had a poor road safety record. This has turned around to make the country a success story
    Read More

Highlighted Content