ADF gives grant for road project in Burundi

24 September 2010

Wednesday September 22 2010, the African Development Fund (ADF) approved a grant of 36 million dollars to improve an important road system in Burundi.

The funds will be used to finance works on the section between Nyangugu and Ngozi on the Gitega-Nyangugu-Ngozi road, in the north of Burundi.

This road is crucial to enable trade between north and south, and offers the possibility of stimulating trade with neighboring Rwanda. The project is thus aimed at promoting the economic development of the region.

The works consist of renovating the 30 kilometer section, as well as 80 kilometers of secondary roads, developing diverse socio-economic infrastructures and organizing markets in the locality, reports a press release received by the African Press Organization.

About 800,000 people are affected by this project, which will be implemented between September 2010 and July 2013.

Another large-scale road project has received funding this week, reveals the daily Notre Voie. A loan agreement for about 11.6 million dollars was signed Monday last, between the State of the Ivory Coast and the Kuwait Fund for Arab Economic Development.

Il s'agit d'une participation au projet de construction de l'autoroute Singrobo-Yamoussoukro.
 


Categories: General, Transport

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