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
MTN Zambia launched a Mastercard-powered virtual card enabling secure global online payments for unbanked users via the MoMo app The initiative...
Sector revenue rose 6.2% after a contraction in the previous quarter International transfers led growth, especially flows outside CEMAC User...
The International Monetary Fund (IMF) said its Executive Board has approved the immediate disbursement of $442.4 million to the Democratic Republic...
Five-year reserve-based facility signed in Abuja on December 20 Funding combines debt refinancing with new capital for upstream growth Output...
Most Read
01

Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...

Egypt attracts Polish Fruitful investment in horticultural processing
02

In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...

AGRA’s Lilial Githinji “Leadership capacity remains the missing ingredient in Africa’s food systems transformation”
03

Airtel Africa signed a partnership with SpaceX to launch Starlink Direct-to-Cell satellite connect...

Airtel Africa Partners With SpaceX to Roll Out Starlink Direct-to-Cell
04

BOAD approves $35.7 million to upgrade Burkina Faso–Mali border road Project targets 130 km,...

Burkina Faso Secures BOAD’s $35.7 Million for Road to Mali
05

Fitch lowered Gabon’s sovereign rating to CCC- amid rising fiscal stress Payment arrears reac...

Fitch downgrades Gabon to CCC- as liquidity strains deepen
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.