CRBC Signs Concessional Loan Framework Agreements for Two Projects

On September 29, Tang Weibin- the Chinese Ambassador to the Republic of Cote d'Ivoire signed the concessional load framework agreements for Agboville-Rubino-Cechy Road Project and Odienne-Gbeleban Road Project with Marcel Amon-Tanoh- Foreign Minister of Cote d'Ivoire.

Scene of Contract Signing

With the total construction period of 24 months and the design speed of 80km, the two projects are all undertaken by CRBC. Agboville-Rubino-Cechy Road Project, located in 85km to the north of Abidjan, its economic capital, is 67.82km long comprising 56.32km of the main line and 11.5km of connecting lines and municipal roads. Odienne-Gbeleban Road Project is 71.5km long and is located in 800km to the northwest of Abidjan, its economic capital.

Currently, the two projects have been put into construction. After completion, the road network in Cote d'Ivoire will be improved, and the traffic capacity will be enhanced, which is of great significance to the regional traffic capacity of Cote d'Ivoire. At the moment when the Government of Cote d'Ivoire vigorously develops the infrastructure, the implementation of the concessional load-based projects will effectively solve the financial stress, offer great number of jobs, and impose positive influence on the recovery of national economy, improvement of infrastructure and stability of the national security.