Ivory Coast announces $7bn infrastructure plan
Abidjan, March 5, 2018 (AltAfrika) – The West African state of Ivory Coast on Monday said it was earmarking $7.07bn in infrastructure spending over the next five years, especially in transport.
The announcement was made by the minister for economic infrastructure, Amede Koffi Kouakou, at ceremonies to launch a business fair to be held in the economic capital Abidjan in November.
“Investment of around $7.07bn has been scheduled over the five years,” he said, hailing the spending as “a major contribution to growth.”
Chief areas of investment include a bridge in Abidjan linking the district of Yopougon to the business centre of Plateau, and completing half of some 650km of highway that Ivory Coast has to build under a scheme linking Abidjan to the capital of Burkina Faso, Ouagadougou.