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Phase 2 of the Regional Express Train Project: Senegal and France sign a financing agreement

14/12/2023
Source : ORISHAS FINANCE
Categories: Companies

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On the occasion of the Franco-Senegalese intergovernmental seminar, the two countries pledged to support phase 2 of the Regional Express Train (TER) project. For this reason, they signed a loan agreement of 150 million euros

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The amount agreed following the agreement between France and Senegal is part of a package of 270 million euros announced by the Government Information Office (BIG) of Senegal. In reality, these funds will be used to finalize the work in progress to allow the delivery of the project within the announced deadlines, at the end of 2023. Phase 2 of the TER consists of an extension of the network over 19 km from Diamniadio to Blaise Diagne Airport in Dakar (AIBD). It will also provide the country with a more adapted transport infrastructure to facilitate the connection with the airport, built nearly 50 km from the city center of the capital.

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