AfDB Grants US$ 1.8 million to Cote d’Ivoire

25/04/2008
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AfDB Grants US$ 1.8 million to Cote d’Ivoire

The AfDB Vice President in charge of Infrastructure and Regional Integration, Mandla Gantsho, and the Director-General of the San Pedro port authority (PASP), Mr. Desire Dallo, signed, on Wednesday April 23 in Abidjan, a grant agreement of US $1.8 million.

The grant, from the special IPPF-NEPAD fund, is to finance preparatory studies of the PASP development project and the road interconnection linking Mali, Guinea, and Liberia. This grant will finance feasibility and viability studies and the extension of the port through the construction of an eastern terminal for the port, and roads to connect Mali, Guinea and Liberia. The grant will also be used to strengthen the Ports capacity.

These important projects will contribute to the improvement of the maritime and road infrastructure that support the development of Cote d’Ivoire, and also constitute an integration project for the sub-region connecting Mali, a landlocked country, to the south-west regions of Guinea and Liberia.

The building of the roads leading to San-Pedro port and linking Odienne (Cote D’Ivoire)-Bougouni (Mali), and Danane (Cote D’Ivoire)-Nzerekore (Guinea), as well as construction of a bridge over the Cavally river which links Cote D’Ivoire to Liberia, will allow the port to serve as transit a facility for the neighbouring countries while offering competitive services (reduced costs, delivery time and security).

These roads form part of the UEMOA’s priority as well as the Bank group’s Common Infrastructure and Road Transport Action Program, and the Dakar-Lagos coast corridor.

Mr. Gantsho visited the San-Pedro port with the Bank’s official representative in Cote d'Ivoire, Sangbe Ngardinga, and the Task Manager of NEPAD-IPPF special Fund, Mike Salawou.

After the inspection of San Pedro, the VP made a presentation on "Railroad Transport and Landlocked Countries" in the presence of the port’s Director-General and managers.