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Liberia : ECOWAS lends $50 mln for Sasstown – Klowein road

Tuesday, 12 March 2019 12:54
Liberia : ECOWAS lends $50 mln for Sasstown – Klowein road

(Ecofin Agency) - Liberia has received a $50 million loan from ECOWAS’ Bank of Investment and Development. This loan should serve as partial financing for the construction of a 50 km road linking Sasstown (in the east) to Klowein (South-East).

This road project is aimed at strengthening the infrastructure development policy adopted by the country’s president George Weah since he took office in December 2017.

Let’s note that currently, Liberia has about 12,000 kilometres of roads and 94% of those roads are not paved. In addition, 90% of the unpaved roads are in rural zones where the majority reside.

According to the government, in 2018, the infrastructure deficit was estimated at about $2.6 billion.

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