The Economic Community of West African States (ECOWAS) said the Abidjan-Lagos corridor would contribute to the economic growth of the ECOWAS community citizens.
A statement issued on the website of the ECOWAS Commission on Friday quoted the Ministerial Steering Committee of the Abidjan-Lagos Corridor Highway Development Project as saying this at a meeting in Accra on May 19.
The meeting was held to take decisions on expediting the completion of technical studies, securing lands for the right of way, and financing the construction of the highway project
Indeed, it is our duty to accentuate the visibility of ECOWAS achievement on physical infrastructure projects in the area of transport, energy, telecom, water resource, and agriculture just as this project has been presented at various African Investment Forums by the African Development Bank (AfDB).”
On resource mobilisation, it should be noted that ECOWAS has just adopted a new regulatory framework on the Public Private Partnership (PPP) that is an incentive for the entry of Private Sector in large Investments like the nature of this project.”
“So we are fully committed to making this a reality.”
The feasibility and preliminary designs studies have been completed, while the final phases should be completed before 2023.
