Abidjan - Lagos Corridor Highway Development Project
Project description and objectives:
The project comprises the construction of a 6-Lane (2x3) dual-carriage Highway originating at Bingerville in Abidjan (Côte d’Ivoire) and ending in Eric Moore in Lagos (Nigeria), through Ghana, Togo and Benin.The Abidjan-Lagos Corridor is approximately 1,028 km long and connects some of the biggest cities in West Africa, as well as some ports which serve the landlocked countries of the region, such as Burkina Faso, Mali and Niger. The project is expected to also include eight border posts along the corridor.
The general project objectives are to:Integrate the economies in West Africa
Improve the free movement of persons and goods along the Corridor by reducing transit times and costs and improving cross-border trade
Generate social and economic activities
Reduce poverty and social inequalities
Beneficiary Countries: Côte d’Ivoire ,Ghana ,Togo, Benin and Nigeria
The ECOWAS Commission launched the Feasibility Studies of the Project in 2018 and will launch the PPP Structuring Studies and Transaction Advisory Services in 2023.
Construction cost: 15.6 Bn USD; Financial needs to be assessed based on Feasibility Studies’ result
Private Sector Opportunities:
The Project is expected to be financed through a PPP scheme, whose structure will be defined within the PPP Structuring Studies launched. The Abidjan - Grand-Bassam Highway in Côte d’Ivoire was the first part of the Corridor to be constructed and was financed through a PPP scheme.