Public Management

Côte d’Ivoire plans major transport investments in 2021

Côte d’Ivoire plans major transport investments in 2021
Tuesday, 24 November 2020 13:54

The Ivorian transport minister Amadou Koné (pictured) announced the major projects underway in the Transport sector in Côte d'Ivoire will continue, and be intensified in 2021. He said this while presenting his department’s 2021 budget before the parliament last Nov 20.

The official estimates the 2021 budget of his department at a total of CFA57.605 billion (€88 million) to be invested in three big projects: the General Administration program which represents 4% of the budget, the land transport program (56%), and the air program with 40%.

"Compared to last year, this budget has been increased by about 21% to enable us to face the impacts of Covid-19 and revive the transport sector as well as continue important projects," Amadou Koné said.

He also specified that 78% of this budget, or CFA44.932 billion, will be "exclusively reserved for investments." Projects for 2021 include, among others, the completion of work on the Abidjan metro, the rehabilitation, and modernization of five airfields across the country, the professionalization of carriers and drivers, the strengthening of road safety measures, as well as mobility and intelligent traffic management in Abidjan.

Let’s note that the Ministry of Transport's investments in the road sub-sector will complement those of the Ministry of Road Equipment and Maintenance, whose 2021 budget has been validated at CFA595 billion.

Romuald Ngueyap

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on research, feasibility and investment support for SMEs and...
IFC plans to invest up to $52 million in a microfinance group operating in Kenya, Uganda and Tanzania. The funding will support local...
Gabon launched a CFA85 billion ($153 million) bond on the Cemac market, offering 6% over three years and 6.5% over four years. The issuance...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agenda IMF flags debt at 132% of GDP Senegal on...
Most Read
01

Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...

Amazon Turns to Kenya as Its Next Low-Orbit Satellite Internet Bet in Africa
02

Dangote to list $20-25 billion refinery within five months NNPC holds 7.25% stake; dividends...

Dangote Sets IPO Timeline for Its $20B+ Nigerian Refinery, Eyes Retail Investors
03

DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...

DRC seeks ITC support to advance battery mineral value chains
04

Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...

Algeria’s NESDA, ASICOM Sign SME Investment Deal; Funding Details Unspecified
05

Siguiri mine produced 289,000 ounces in 2025, up 6% Fourth-quarter output rose 15%, boosting annu...

Guinea's Largest Gold Mine Records 6% Output Rise in 2025
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.