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
Kenya’s competition authority approved Zenith Bank’s takeover of Paramount Bank. The deal would give Zenith its first foothold in the Kenyan banking...
BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitization fund admitted to the exchange. Sonabhy...
Benin raised $500 million through its first international sovereign sukuk. The state also reopened its 2038 eurobond for $350...
Cameroon plans 150 billion CFA franc bond on Bvmac in 2026 Issuance depends on market conditions after past cancellations Cameroon remains one of...
Most Read
01

The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...

South Africa’s BoxCommerce Partners with Mastercard on SME Fintech Solution
02

Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...

Togo accounts for 16.2% of cross-border bank financing in WAEMU
03

Circular migration is based on structured, value-added mobility between countries of origin and host...

Circular migration as a lever to turn Africa’s student exodus into value
04

Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...

Amazon and Starlink Set Up Satellite Internet Rivalry in Africa
05

President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...

Nigeria approves targeted incentives to speed up Shell’s Bonga South West project
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.