Name of the Project
Water supply infrastructure rehabilitation project.
Location
Côte d’Ivoire.
Project Owner/s
Côte d‘Ivoire Ministry of Hydraulics.
Project Description
The project is a subproject of the Ministry of Hydraulics’ Water for All priority programme.
It will facilitate the safe and efficient abstraction, treatment, storage and distribution of drinking water in rural areas that have been characterised by damaged or absent water infrastructure, and vital water treatment processes. The project will comprise 111 sites.
Development activities will include borehole drilling and electrical pump installation, the construction of water reservoirs and associated treatment units, and distribution pipes.
Potential Job Creation
Not stated.
Capital Expenditure
Investec and Commerzbank signed a commercial loan agreement with the Côte d’Ivoire Ministry of Economy and Finance in April.
Commerzbank acted as mandated lead arranger, with Investec as co-arranger for the commercial loan. The total loan amount is about €178-million, of which €152-mi l l ion wi l l be provided by Commerzbank and covered by Switzerland’s export credit agency, Swiss Export Risk Insurance and re-insured by Atradius Dutch State Business. The remaining commercial loan of about €26-million will be provided by Investec.
Planned Start/End Date
Not stated.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Côte d‘Ivoire Ministry of Hydraulics, tel + 225 20 24 47 64 or email infoline@hydraulique.gouv.ci.