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Modernization of the port of Cotonou: significant funding is planned

21/12/2022
Source : ORISHAS FINANCE
Categories: Companies

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As part of the works, two of which are starting shortly, significant funding is planned to support the activities of Benin's only maritime gateway, the Autonomous Port of Cotonou (PAC).

Twelve work projects are provided for in the master plan for the Autonomous Port of Cotonou (PAC). These include the Construction of Terminal 5; Construction of the logistics zone; Construction of the second hydrocarbon station; Construction of the new fishing port; Construction of the Maritime Affairs Center; Extension of the port basin and renovation of the northern docks; Construction of the Zongo reception hangar; Renovation of the fence; Development of the nautical service area, etc.

Les accords de financement sont en cours de finalisation entre un pool bancaire et la African Development Bank (BAD). To this end, funding by 2026 for two of these modernization projects is estimated at 660 million to carry out several improvements commensurate with the ambition of the government of President Patrice Talon. It should be noted that it aims to increase the attractiveness and competitiveness of économie Beninese women's lungs.

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