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
Funding part of $250 million raise to boost investor confidence Fintech expands services, processes $40 billion across 30...
ACK Holding signed an agreement to acquire Colas Gabon, a subsidiary of Bouygues. The deal includes industrial assets and 254 employees, with...
BICICI posted a net profit of CFA36.5 billion ($65.4 million), up 39.3% year-on-year in 2025. Customer loans fell to CFA524.4 billion as the...
Shares gained 42.36% in 2025 and hit an all-time high of 37,500 CFA francs in 2026, delivering investors a sustained rally on the BRVM...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...

Mahindra & Mahindra Eyes Major Shift to Full Vehicle Assembly in South Africa
03

Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...

Mauritanian Telecom Operators Submit $27 Million Combined Bid for 5G Licenses
04

Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...

Cameroon Presses Telecom Operators on Service Quality as Complaints Rise
05

AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...

AFC Backs First Green Project Finance Bond for 66MW Côte d’Ivoire Solar Plant
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.