Public Management

Côte d'Ivoire opens minibus assembly plant

Côte d'Ivoire opens minibus assembly plant
Wednesday, 12 January 2022 12:23

The Ivorian government announced this week it has opened a minibus assembly plant in Abidjan, the first in the country. This initiative, which aligns with the state industrialization strategy, will be piloted by the Abidjan Transport Company SOTRA with vehicle manufacturer Iveco as a technical partner.

The -Daily Ivoire- unit will produce 1,000 minibusses per year, including vehicles that can be turned into ambulances, refrigerated vans, utility vehicles for transporting materials, and other goods. Bouaké Méité, Head of SOTRA, said the project will lift 500 people out of unemployment.

As a reminder, Côte d'Ivoire officially launched the Project to improve service provision to industries (PASI-CI) in May 2021. Developed closely with the World Bank, this project, PASI-CI is a component of the government’s industrial policy. Ultimately, the project will “provide 3 deliverables on the feasibility study for the creation of the industrial development fund, the technical study for the development of the Assouba industrial zone in the department of Aboisso, and the monographic study of the existing industrial zones of San Pedro.”

Jean-Marc Gogbeu (intern)

On the same topic
71% of consumers say lending rates remain non-competitive across African markets. Over 54% of respondents cite a lack of transparency on interest...
Pilot to expand SME financing via crowdfunding Project introduces crowdlending, investing to address limited bank credit FOGEC to guarantee...
Lomé hosts conference on expanding insurance access for low-income groups Stakeholders discuss microinsurance solutions for informal and rural...
First investor town hall since 2021 signals renewed engagement with markets Authorities highlight disinflation, fiscal consolidation and debt...
Most Read
01

Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...

African fintechs are moving beyond payments - and into business operations
02

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
03

UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...

UBA, British International Investment explore Africa trade finance deal
04

Ghana to submit UN resolution on slave trade March 25 Draft seeks recognition as gravest crime ag...

Ghana pushes UN recognition of slave trade as crime against humanity
05

ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...

ECOWAS, China Discuss Cooperation on West Africa Power Projects Under $36.39B Plan
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.