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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Cote D’ivoire Signs $1.5 Billion Deal For A Metro In Abidjan (1210 Views)
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Cote D’ivoire Signs $1.5 Billion Deal For A Metro In Abidjan by anonimi: 8:11am On Dec 21, 2019 |
Cote d’Ivoire has struck a $1.5 billion deal with a unit of Bouygues SA for an urban railway to be built in the country’s largest city, Abidjan. Named Metro d’Abidjan, the railway is expected to ease traffic congestion in the city whoe population goes beyond 4 million people. The project is funded by France as part of a package of mainly concessional loans. While the construction works begun in 2017, no formal accord had been signed until now. Cote d’Ivoire President Alassane Ouattara said in 2018 that a high-level committee with finance ministers from both countries would be formed to remove obstacles to the disbursement of funds. The train will be expected to carry 530,000 passengers daily, according to a statement from the office of the Cote d’Ivoire Prime Minister. According to World Bank statistics, travelling costs in Abidjan are the third-biggest expense for commuters. https://africa.cgtn.com/2019/10/09/cote-divoire-signs-1-5-billion-deal-for-a-metro-in-abidjan/ 1 Like 1 Share |
Re: Cote D’ivoire Signs $1.5 Billion Deal For A Metro In Abidjan by TheGiftedOne(m): 8:14am On Dec 21, 2019 |
In no distant time many African capitals will become an envy to Nigerians. We just dey stagnant. 4 Likes 1 Share |
Re: Cote D’ivoire Signs $1.5 Billion Deal For A Metro In Abidjan by anonimi: 8:21am On Dec 21, 2019 |
TheGiftedOne: We dey stagnant or we dey go backwards? Splashme: www.nairaland.com/attachments/2087214_buharimetro_jpeg0139273fe26a1325be266ba40c34a836 2 Likes |
Re: Cote D’ivoire Signs $1.5 Billion Deal For A Metro In Abidjan by itsme01: 8:29am On Dec 21, 2019 |
thank God docile Africans are now moving to enjoy international credit system for infrastructures like the West and Asia do rather tha wail like dunce all day . 1 Like 1 Share
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Re: Cote D’ivoire Signs $1.5 Billion Deal For A Metro In Abidjan by daddytime(m): 8:30am On Dec 21, 2019 |
If na Nigeria, that same rail project go cost $15b 2 Likes |
Re: Cote D’ivoire Signs $1.5 Billion Deal For A Metro In Abidjan by seguno2: 8:56am On Dec 21, 2019 |
daddytime: Why are all Nigerians like this? |
Re: Cote D’ivoire Signs $1.5 Billion Deal For A Metro In Abidjan by Horus(m): 9:13am On Dec 21, 2019 |
https://www.youtube.com/watch?v=ulDTxCc-yNA Métro in Abidjan Cote d’Ivoire The Abidjan metro will be a real tool for bringing people together, enabling it to transport 530,000 people a day from the start of operations between the north and south of the Ivorian capital 1 Like |
Re: Cote D’ivoire Signs $1.5 Billion Deal For A Metro In Abidjan by Ilaje44(m): 10:08am On Dec 21, 2019 |
seguno2:But he said the truth. One of the many rampant forms of corruption in Nigeria is contract inflation. Please do check and compare the cost of projects in Nigeria with similar ones in other economies, adding and subtracting uniquely peculiar conditions and you will see the wastefulness and lack of financial discipline going on in Nigeria. It's a big disease of the country. Even the saintly government of Buhari is plagued with it. 4 Likes |
Re: Cote D’ivoire Signs $1.5 Billion Deal For A Metro In Abidjan by panafrican(m): 4:24pm On Dec 21, 2019 |
Don't think the grass in the garden next door is always green. Don't be fooled. The metro project is a big rip off engineered by the same corrupt French company named Bouygues. This metroline is only 23.3 miles ( 37.5 km) long . Can you imagine 37.5 km for almost $ 2 billion US !!!! In Nigeria under General Buhari, the crooks who ' negotiated ' that deal would be under arrest because an investigation would expose how they managed to get big commissions at the expense of the nation's treasury. This is nothing but a reward to Bouygues for the help Ouattara rebels got during the war that destroyed Cote d' Ivoire. It will add more debt to an already skyrocketing ivorian debt. Add to that the toll bridge in Abidjan and the toll roads everywhere in Cote d' Ivoire that are owned by French companies. Under Ouattara , the people of Cote d'Ivoire are bleeding their pockets into to French owned coffers on daily basis. As you can see colonization is more alive than ever , six decades after the Independence era. Background of a well planned racket. Along with Bollore , another French company, Bouygues funded the armed rebellion that brought Allassane Ouattara to power after a 10- year war. The latter is an illegal immigrant thug from Burkina Faso who was introduced into Cote d' Ivoire in 1990 by Michel Candessus , the French financial mafia leader who was the director of the international monetary Fund. Ouattara was an. International Monetary Fund official during Candessus tenure. Both work together to impose reckless restrictions that impoverished many African countries. 1 Like |
Re: Cote D’ivoire Signs $1.5 Billion Deal For A Metro In Abidjan by seguno2: 4:41pm On Dec 21, 2019 |
panafrican: Impoverish African countries who spend their time doing research tirelessly to improve their societies? Or what are you ranting about please? By the way, is Houphouët-Boigny the same person as Michel Camdessus? |
Re: Cote D’ivoire Signs $1.5 Billion Deal For A Metro In Abidjan by panafrican(m): 5:37pm On Dec 21, 2019 |
seguno2: When the world bank and the IMF blackmail African countries on debt,and take over the whole country , what do you expect ? What do you expect when a country has cut on job creation to pay the debt? Was Houphouet the same person as Candessus ? is a wrong question. The question should be " How did Candessus who was not from Cote d' Ivoire brought Ouattara to that country " ? Candessus was the director of the IMF , with the backing of crooked French politicians he used Mitterrand 's hypocritical pro - democracy speech at the La Baule conference in 1990, as an excuse to stir up unrest in French former colonies in Africa - just like NATO used the so -called Arab spring to introduce their puppets into Lybia and Syria.- They feared a popular revolution they wouldn't be able to control. Houphouet was already weak and ill at that time. During a military uprising in late 1989 ,young soldiers blocked the airport and many roads in Abidjan .They demanded better pay . Houphouet asked for Mitterand' s help to put down the uprising, but the latter refused to give the green light to the French soldiers ( 43rd BIMA, Port Bouet military base,Abidjan). The old man felt humiliated and gave in. Mitterand' didn't only refuse to help, he also sent Candessus on a mission to let Houphouet know that the only way out was him Houphouet appointing Ouattara as prime minister . Ouattara was a Burkina Faso citizen working at the IMF under Candessus. He fled Burkina Faso after Sankara took power in 1984 . He( Ouattara) bought some houses in Abidjan after pretending that his life was threatened by Sankara who referred to him as a stooge working for Foreign imperialist power. |
Re: Cote D’ivoire Signs $1.5 Billion Deal For A Metro In Abidjan by panafrican(m): 6:46pm On Dec 21, 2019 |
The fleecing of Africa $ 1.5 billion US .S. for 37.5 km Is equivalent to $40 million U.S. for 1 km. It is a racket ! |
Re: Cote D’ivoire Signs $1.5 Billion Deal For A Metro In Abidjan by leofab(f): 5:51am On Dec 26, 2019 |
White elephant project |
Re: Cote D’ivoire Signs $1.5 Billion Deal For A Metro In Abidjan by seguno2: 7:56am On Dec 26, 2019 |
1 Like |
Re: Cote D’ivoire Signs $1.5 Billion Deal For A Metro In Abidjan by DisGuy: 1:46am On Jun 06 |
The amendment was signed last month following the completion of a funding package for the project, which includes a €250m loan from the French government. The contract has come into force and is now worth €1.77bn , according to Bouygues. The construction phase is scheduled to take five and a half years to complete, following which Line 1 will enter commercial service. m. https://www.railjournal.com/passenger/metros/construction-starts-on-line-1-of-abidjan-metro/ 1 Like |
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