Skip to main content

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.

Related Content

  • Uzbekistan to take out further road building loans
    February 15, 2016
    Uzbekistan will take out a US$405 million loan with the Asian Development Bank in the second half of this year for completion of a motorway from Central Asia to China. ADB will provide three loan in three tranches. Last autumn, Uzbekistan said it will target of 2,700km of new highways by 2019 at a cost of around $590 million. Around 2,280km will have a bituminous concrete surface and 418km will be a concrete surface. Uzbekistan has been setting out a major plan for road repairing, rebuilding and up
  • Argentina road funding for major projects
    May 31, 2019
    Argentina is looking to source a series of loans to pay for six important road projects. The Inter-American Development Bank (IADB) is in discussions with officials in the country over the loans package, worth a total of US$200 million. The funding would be used for six PPP road projects. Other financing worth $900 million is also being secured for the six road projects, with some of the construction work already underway.
  • Upgrade due for Nicaragua’s NIC 3 highway
    September 11, 2013
    Nicaragua’s Ministry of Transportation and Infrastructure has awarded the first of a series of contracts to upgrade the NIC 3 highway. The construction work will be carried out by a consortium comprising contractors Constructora Meco, CEMEX and Llansa Ingenieros. This first phase will be for a 34.4km section of the route while the second stretch will be 15.6km long. In all the work is expected to take 18 months to complete and is likely to cost around US$40 million. Financing is being provided by the Fund o
  • Vietnam’s Van Don Economic Zone development plan
    June 13, 2019
    The authorities in Vietnam’s coastal Quang Ninh Province have set out a transport infrastructure development plan. The programme of works will prioritise development of the Van Don Economic Zone (Van Don EZ) under the plan. The programme of works involved is expected to be worth US$358 million. New roads are planned, along with new bridges to provide better connections to some of the many islands in the province. The existing Van Don Airport will also benefit from an upgrade to boost capacity. Quang N