Brazil financing the construction of roads in Ghana

16 August 2010

Brazil has granted financing of 250 million Dollars to Ghana for a construction programme for highway infrastructures in the east of the country, as announced by the Ghanaian government.

The work will extend over a period of two years, according to Joe Giddisu, Minister with responsibility for highway infrastructures, in a press release issued on the Ouestafnews Web site.

Brazil is seeking in this way to strengthen its co-operation with the Member States of Cedeao, the Economic Community of West African States.

As well as this, the Ivory Coast government has launched a mandatory loan in order to obtain 120.6 million Dollars to participate in the construction of a third toll bridge in Abidjan, for a total cost of 326.5 million Dollars.

“This project, which is completed by a highway interchange, is an undertaking which is crucial for the economy of the country”, Victor Nembélessini, CEO of the Ivory Coast National Investment Bank, told AFP on Friday.

The bridge, work on which will begin next September, will allow traffic to access easily to the autonomous port of Abidjan.

Category: Transport