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- Singrobo-Yamoussoukro Road Project ( Additional Loan )
Singrobo-Yamoussoukro Road Project ( Additional Loan )
Côte d'Ivoire
Borrower | Cote d-Ivoire |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Transportation |
Approved | 08.10.2008 |
Signed | 03.02.2009 |
Status | Completed |
Loan Administrator | BADEA |
Executing Agency | AGEROUTE |
Co-financiers | SFD, BADEA, Government |
OPEC Fund Contribution (US$m) | 8.00 |
Total Project Cost (US$m) | 50.52 |
The project makes up part of a larger project to be carried out in three phases. Although works are already underway to build a 29.56 km-long asphalt-surfaced dual carriageway between the southern districts of Taabo and Toumodi, rising oil prices and the subsequent increase in the cost of raw construction materials have led to a funding gap. The present loan will provide the extra financing needed to insure the project can be completed.