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Correcting regional disparities: PFO Africa and China's CRBC commit to implementing two projects

12/06/2023
Source : ORISHAS FINANCE
Categories: Sectors

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C'était le mardi 6 juin 2023 que le gouvernement Ivorian has signed memorandums of understanding worth a total of 440 billion CFA francs (about 720 million dollars) with the Chinese company China Road and Bridge Corporation (CRBC) and the local private company PFO Africa for the construction of two industrial zones in Bouaké and Yamoussoukro, two

cities located in the center of the country.

The projects aim to correct regional disparities between the economic capital Abidjan and other regions. Indeed, the first memorandum of understanding provides for the construction of an industrial park in Bouaké on an area of 1,000 hectares, for an investment of 360 billion FCFA. This agreement is signed with the CRBC. The second financing agreement was signed with the Ivorian construction group PFO Africa. It concerns the financing, development, construction, management, operation and maintenance of a 250-hectare plot in the Yamoussoukro industrial zone. The amount for this project amounts to 80 billion FCFA

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