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

  • France replaces P3 advisory body MAPPP with Fin Infra
    May 23, 2016
    The French government has replaced its public private partnership advisory agency ahead of incoming laws to make P3 contracts easier to process and manage. The Mission d'appui aux Partenariats Public-Privé (MAPPP) is replaced by Fin Infra, the Mission d’appui au financement des infrastructures. Fin Infra has extended powers and more personnel over MAPPP. Unlike its predecessor, it will be able to provide advice on concession contracts and other forms of public-private contracting, rather than just pub
    Read More
  • Funding to repair Sri Lankan bridges
    August 8, 2012
    In Sri Lanka up to 210 rural bridges will be built or repaired around the country following a financial deal worth US$44.14 million agreed with the Hong Kong & Shanghai Banking Corporation (HSBC). The deal was arranged between the Sri Lankan Government and the HSBC in a bid to improve rural connectivity. The bridges measure from 6-30m in length and will be built by Cleveland Bridge UK. The plan is for the bridges to be completed within a three year period.
    Read More
  • Investing in road transport boost economies
    April 30, 2015
    Transport investment faces a shortfall that can perhaps never be breached – David Arminas writes There “will never be sufficient funds for all planned road activities,” said Ben Gericke, transport specialist at The World Bank. The road maintenance industry is going to have to use the best possible contract strategy to win the investment it needs. Speaking at the PPRS Paris 2015 Pavement Preservation and Recycling Summit, Gericke said that the best way for the global highway construction and road maint
    Read More
  • California uses stimulus funds
    February 23, 2012
    The US state of California has been able to take advantage of federal stimulus funds to help improve its transport infrastructure.
    Read More

Highlighted Content