Construction of a six lane Dual Carriageway Highway from Abidjan-Lagos including development of economic platforms within the corridor ensuring coherence between transport modes and economic activities to engender integration and economic development.
DESCRIPTION
A 2x3 Highway from Abidjan to Lagos through Accra, Lome and Cotonou covering a large proportion of West Africa’s population and linking very vibrant seaports which serve all the landlocked countries of the region being Burkina Faso, Mali and Niger. The project also includes provision for trade and transit facilitation, corridor management and the development of economic zones such as logistics centers, industrial zones, cross-border and regional markets to ensure the integration of the region and economic development.
OBJECTIVES AND RATIONALE
PROJECT RISKS
Risks associated with: Corridor Member States (CMS) ratifying Treaty, signing of loans and grants provided by AfDB and EU, approving Institutional Framework for the proposed Corridor Management Authority and signing Intergovernmental Agreement and ratifying related Legal Frameworks.
Availability of funds to construct the Highway
CMS giving recognition and providing the necessary support to the Corridor Authority during the operational phase
PROJECT ECONOMICS
NET PRESENT VALUE: 0.00
COST BENEFIT RATIO: 0.00
FINANCIAL INTERNAL RATE OF RETURN (FIRR): 0.00
ECONOMIC INTERNAL RATE OF RETURN (EIRR): 0.00
COMMENTS ON ECONOMICS:
PROJECT FINANCING
PREPARATION
CAPEX
COST:
22.70
3000.00
COST SECURED:
22.70
0.00
FINANCING TYPE:
Grant-Debt Blend
FINANCIERS:
African Development Bank
European Commission
German Society for International Cooperation
OPERATION AND MAINTENANCE
OVERALL COST: 0.00
ANNUAL COST: 0.00
COMMENTS ON FINANCE:
Funding for all related studies have been sourced.
Funding for all related Studies have been sourced
test direct update
STUDIES
PROJECT STAKEHOLDERS
Regional Coordinator
Economic Community of West African States
Preparation Funder
African Development Bank
Preparation Funder
European Commission
Preparation Funder
German Society for International Cooperation
CONTACTS
Transport Facilitation and Policy Expert Christian Appiah-cappiah@ecowas.int
Infrastructure Expert (COMESA) Mr. Peter Ofori-Asumadu -poasumadu@yahoo.com
