Public Management

Ivorian govt to build a new industrial zone in San Pedro

Ivorian govt to build a new industrial zone in San Pedro
Friday, 11 March 2022 15:52

Côte d'Ivoire aims to achieve average economic growth of 7.65% between 2021 and 2025, in line with its National Development Program (NDP). To attain this goal, the government is stepping up measures to accelerate the structural transformation of the economy.

The Ivorian government is preparing the construction of a new industrial zone in San Pedro, in the southwest of the country. According to information reported following the Ministers’ Council last March 9, the project will cover nearly 540 ha.

“The holders of customary rights, final title to the project rights-of-way, tenants or their assigns will receive compensation according to the regulations in force. Also, any transaction, any new construction, even precarious, any work likely to change the state of the soil, relating to this area are prohibited,” the statement reads.

The construction of this new industrial zone is part of the implementation of an agreement between the Ivorian government and the Arise Ivoire group, signed on 25 August 2020, in Abidjan. The agreement concerns the establishment of three industrial-economic centers in Akoupé Zeudji (Abidjan), San Pedro (southwest), and Ferkessédougou (north) for nearly $1.7 billion. Once completed, the San Pedro industrial center will be the third in operation after those of Yopougon and Akoupé Zeudji.

As a reminder, on May 11, 2021, the Ivorian Minister of Trade and Industry, Souleymane Diarrassouba, launched the Project to Improve Services to Industries in Côte d'Ivoire (PASI-CI). The project is backed by the African Development Bank (AfDB) Group and aims to help the beneficiary “mobilize funds from technical and financial partners for the industrial sector.”

Jean-Marc Gogbeu, intern

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
DRC central bank to launch Bloomberg FXGO DRC platform Six-week beta underway before rollout within two months System aims to boost FX...
Bank records $10 million loss from sale of Cameroon and Gambia units. Exit cuts $300 million in risk-weighted assets. Move...
Central Bank reviewing core banking laws to clarify fintech and digital banking oversight Kenya remains one of Africa’s largest fintech...
New naira 75 billion ($55.4 million) private debt fund targets Nigeria’s agribusiness sector. First phase aims to raise naira 25 billion from...
Most Read
01

ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...

ECOWAS Eco Currency May Launch Without WAEMU in 2027 Push
02

West African Development Bank (BOAD) launched preparation of its 2026–2030 strategic plan wit...

BOAD Launches 2026–2030 Strategy With Boston Consulting Group Support
03

Investigation targets alleged breaches of Nigeria’s 2023 data protection law Platform processes p...

Nigeria: Investigation on Chinese Owned Temu Regarding Privacy Breach Concerns for Local Users
04

BOAD appointed Adji Sokhna M’Baye as Chief Executive Officer of BOAD Market Solutions, its new str...

BOAD Names Adji Sokhna M’Baye CEO of Structured Finance Unit
05

Algeria plans to launch construction of the $13 billion Trans-Saharan Gas Pipeline (TSGP) a...

Algeria–Morocco: Will the Gas Pipeline Duel Take Place? (Editorial)
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.