Ivory Coast to Invest $25 Billion in Infrastructure Projects

The Ivory Coast government is planning $25 billion of investments in 94 infrastructure projects from 2016 to 2020, news website Abidjan.net reported on Friday, citing Minister Delegate to Finance, Niale Kaba.

Mr Kaba, speaking at a conference during the annual meetings of the World Bank and the International Monetary Fund in Peru, said that around half of these projects will be public-private partnerships.

Investments include highways, bridges, hydroelectric dams and industrial parks, she said.

Ivory Coast’s government is targeting growth of 10% this year as the West African nation heads for a presidential vote, scheduled for October 25. President Alassane Ouattara is seeking re-election, with robust economic growth in recent years holding him in good stead.

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