Major new highway project for Mali

A new highway project is being planned that will help boost the economy of Mali. The landlocked country is one of the most impoverished nations in Africa and this new highway will provide a direct link from its capital Bamako to the port of San Pedro in Côte d'Ivoire. Much of the financing for the project is being provided through a loan worth US$ 187.61 million from the African Development Bank. The new highway link will also help develop the port of San Pedro, which is currently the second largest in Côte
December 4, 2015 Read time: 2 mins
A new highway project is being planned that will help boost the economy of Mali. The landlocked country is one of the most impoverished nations in Africa and this new highway will provide a direct link from its capital Bamako to the port of San Pedro in Côte d'Ivoire. Much of the financing for the project is being provided through a loan worth US$ 187.61 million from the African Development Bank. The new highway link will also help develop the port of San Pedro, which is currently the second largest in Côte d'Ivoire. The road link will be of enormous economic importance for Mali as well as Burkina Faso, which is also landlocked and is also one of Africa’s least developed nations. The new highway will also provide better transport connections to the port from the eastern parts of Guinea and Liberia.
Finance & Funding Road Structures

Related Content

  • EIB funds for Greek highway construction
    November 15, 2013
    The European Investment Bank (EIB) is throwing Greece a much-needed economic lifeline in the shape of a €550 million loan. The funding will be used to build new roads and repair existing links, as well as to invest in business. Some €350 million will be used for the construction of 239km of new highways, as well as upgrades to 434km worth of existing roads. The work is expected to help lift Greece’s struggling economy by providing new jobs, as well as encouraging business growth. The funding will help to re
    Read More
  • Vietnam's mighty road budget
    February 7, 2012
    A massive budget for highway construction and upgrading is being set in place by the Vietnamese authorities. In all some US$18.73 billion is being set aside for the construction and development of Vietnam's expressway system.
    Read More
  • Congestion improves with high occupancy toll lanes
    March 13, 2012
    The potential for high occupancy toll (HOT) lanes in congested US cities offers further room for development, according to US-based transport expert Bob Poole of the Reason Foundation.
    Read More
  • Congestion improves with high occupancy toll lanes
    February 21, 2012
    The potential for high occupancy toll (HOT) lanes in congested US cities offers further room for development, according to US-based transport expert Bob Poole of the Reason Foundation. At present Atlanta, Dallas, Houston, San Diego, San Francisco and Seattle all feature HOT lanes and Poole believes that the nation's capital, Washington DC, could benefit from a similar approach.
    Read More

Highlighted Content