Launching of the Boulevard de Marseille rehabilitation work in Abidjan with a XOF27 billion loan from BOAD

Tembely 1Abidjan, 27 October 2017. The West African Development Bank (BOAD), represented by Mr. Oumar Tembely, Chief of BOAD Resident Mission in Côte d’Ivoire, attended a ceremony chaired by the Prime Minister of Côte d’Ivoire to launch the rehabilitation of the Boulevard de Marseille in Abidjan.

The project, which is part of Côte d’Ivoire’s 2015-2016 road maintenance programme to rehabilitate major roads in Abidjan, involves the rehabilitation of the Boulevard du Marseille into a 13.4 km dual-carriage road, the expansion of the Félix Houphouët Boigny bridgeCarrefour Nouvelle PERGOLA road section over a distance of 5.10 km, the construction of a new 3.2 km road along the Ebrié lagoon between “Carrefour Nouvelle PERGOLA” and “Boulevard Valéry Giscard d’Estaing”, the strengthening of the “Carrefour Nouvelle PERGOLA–Boulevard Valéry Giscard d’Estaing (VGE)” section over a distance of 2.7 km and the expansion of the ”Pierre Marie Curie” and ”Thomas Edison” roads into a 1.2 km dual-carriage.

The rehabilitation project, which has secured a loan of XOF27 billion from BOAD, representing 63% of the project’s estimated cost of XOF42.8 billion, will contribute to improved traffic conditions, especially at Marcory and Treichville. The Bank’s assistance is perfectly in line with its vision as outlined in the 2015-2019 strategic plan to accelerate regional integration, through sustained financing of infrastructure projects.

This loan facility thus brings to XOF198 billion the total amount of loans granted for Côte d’Ivoire’s road infrastructure sector, representing 34.2% of the Bank’s total financing to the country.

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