A team made up of the US government’s Millennium Challenge Corporation (MCC) and Bechtel Infrastructure Corporation have signed a memorandum of understanding with the government of CÃ´te d’Ivoire to develop an infrastructure masterplan for the west African country.
Bechtel plans to send a team to Abidjan to work with representatives from the government of CÃ´te d’Ivoire to develop the plan, which could serve as a regional template.
Sean Cairncross, MCC’s chief executive, said: "Infrastructure masterplanning is critical as we identify opportunities for coordinated and complementary investments among public sector, private sector, and civil society partners.
"MCC, Bechtel, and the government of CÃ´te d’Ivoire each bring a unique expertise and approach to this initiative and we look forward to an effective and successful collaboration."
Patrick Achi, an Ivorian politician, said: "The national infrastructure masterplan will guide future infrastructure projects and will serve as a roadmap to increase economic growth, reduce poverty and increase foreign domestic investment in CÃ´te d’Ivoire."
The MCC already has a $525m standalone agreement with CÃ´te d’Ivoire that will fund transportation and education.
Image: Abidjan port (Leon Viti/Dreamstime)