Bouygues, a French developer, is the leader of a consortium that has closed a highway contract in the Ivory Coast backed by eight development and multilateral institutions, the firm announced earlier this week.
Together with Total CI, PAIDF, the Ivory Coast government and the National Investment Bank, Bouygues will be responsible for a €232 million, 30-year project to design, build, operate and maintain a 6.4-kilometre highway near the port of Abidjan, “the largest port on the West African coast,” according to Bouygues. Abidjan is the Ivory Coast’s largest city.
The consortium has secured funding from the African Development Bank, the West African Development Bank, the ECOWAS Bank for Investment and Development, the African Finance Corporation, the Dutch Investment Bank, the Moroccan Bank of External Trade, the Pan African Infrastructure Development Fund and the World Bank’s Multilateral Investment Guarantee Agency.
The contract will include the construction of the third Abidjan bridge, a 1.5-kilometre undertaking, and an interchange. “The highway will be an essential tool for the development of the city, improving the traffic flow. The transportation of goods in the port of Abidjan will be facilitated,” Bouygues said in a statement.
Once completed, the highway project is expected to be used by 100,000 vehicles per day. Works are scheduled to start in September and will take 25 months to conclude.