Project detail - SOCIETE CONCESSIONNAIRE DU PONT

SOCIETE CONCESSIONNAIRE DU PONT

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Who is our client

Société Concessionnaire du Pont (SOCOPRIM) is a project company incorporated in Côte d’Ivoire to build and operate the Henri Konan Bédié Bridge. This bridge will be the third bridge over the Ebrie Lagoon in the country’s capital, Abidjan.

Funding objective

This project was partially financed through the Infrastructure Development Fund. The financing was provided to support the design, construction, operation and maintenance of the 6.7 km toll bridge and access roads in Abidjan.

Why we fund this project

The bridge is Côte d’Ivoire’s first toll bridge and first large infrastructure project in the country since 1999. The bridge will provide a direct connection between the local residential district of Riviera and the local industrial district of Marcory and will minimize the necessity to follow a 9 km detour under poor, high-congestion traffic conditions. It will also provide an alternative connection to the port and airport, thereby facilitating an important trade route. The bridge complements the services currently provided by the two other bridges, whcih are quickly becoming decrepit. It will thereby relieve congestion during the necessary refurbishment of the other bridges.

More investments

Date Total FMO financing
6/28/2012 EUR 2.00 MLN
6/28/2012 EUR 10.00 MLN
Region
Africa
Country
Côte d'Ivoire
Sector
Infrastructure, Manufacturing and Services
Signing date
6/28/2012
Total FMO financing
EUR 10.00 MLN
Fund
Building Prospects
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)
A