Finance

China Exim Bank lends $56 mln to Cote d’Ivoire for video surveillance system in Abidjan

Friday, 02 September 2016 13:37

The Ivorian government approved by a decree of the ministers’ council of August 31, 2016, a $56.7 million (FCFA33.350 billion) loan agreement from the China import-export bank (China Exim Bank) signed on June 6, 2016. The loan will be used to develop a video surveillance protection platform for Abidjan.

According to the statement from the council of ministers, “the ICT-based project aims to make Abidjan safer and reduce lower criminality by implementing a surveillance system for infrastructures and a regulation and control system for road traffic”.

During experimental stage, Abidjan’s video surveillance system will have 1,000 cameras installed in dangerous streets and at crowded public buildings and places.

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