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Marina Market modernisation and expansion, Burkina Faso, Ghana and Niger

2nd November 2007

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and location
Marina Market modernisation and expansion, Burkina Faso, Ghana and Niger.

Project description
Marina Market operates in three countries, Burkina Faso, Ghana and Niger.

The project will include the modernisation and expansion of Marina Market's retailing and warehousing facilities in Burkina Faso; the construction of a retail/office building and a supermarket in Ghana; and the expansion of Marina Market's current activities in Niger.

The project is expected to offer better consumer choices and a higher quality of goods sold. Further, the project will contribute to the modernisation of the retail and service industries through the introduction of retail infrastructure, particularly in Niger and Burkina Faso.

Value
The total project cost is estimated at $21-million and the International Finance Corporation (IFC) has been approached for an aggregate maximum direct financing of $7-million.

Duration
A timeframe for the project has not been disclosed.

Breakdown of main contracts
Not stated.

Client
Marina Market under separate companies: Marina Market Sarl, in Burkina Faso,since 1989; Marina Market Ghana, since 2001; and Marina Market Niamey, in Niger, since 2005.

Latest developments
None stated.

Participants
IFC (financing).

Construction materials
Not stated.

On budget and on time?
Not stated.

Contact details for project information
Marina Market Sarl, tel +226 50 33 71 80
or fax +226 50 31 28 28.
 

Edited by Creamer Media Reporter

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