| Project Detail |
The EIB loan will fund upgrading and paving of Sanniquellié-Loguatou road, a major link connected with the Trans-West African Highway linking Nouakchott-Dakar-Lagos. In particular, the project concerns the rehabilitation of 47 km of the gravel road and other infrastructures.
Objectives
The project will contribute to the reduction of poverty by improving transport infrastructures and the conditions alongside the rehabilitated road connecting Liberia to Ivory Coast. The overall objective is to boost the post-conflict economic recovery of the two countries in the Mano River Union (MRU) region by improving intra-community and regional trade. The corridor, with its alignment alternatives, connects all the ports and all the main cities of Liberia and is as such an extremely important nation building/connecting element. Specifically, the project seeks to improve transport conditions in order to reduce costs, facilitate free movements of persons and goods and increasing living conditions of the surrounding communities.
Sector(s)
Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 20 million
Total cost (Approximate amount)
EUR 59 million |
