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Monday, 24 September 2018 18:54

GoL, AFDB to Sign Multi-Donor Funded Road Project Agreement Featured

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Monrovia, Liberia - The Government of Liberia and the African Development Bank (AfDB) will be signing on Thursday, September 27, 2018, a multi-donor road project agreement amounting to US$87.87 million.

Specific focus of the multi-donor funded road project under the title “Liberia/Cote D’Ivoire Mano River Union (MRU) Road Development and Transportation Facilitation Program- Phase II” are: the asphalt pavement of the 47.1km stretch of road between Sanniquellie and Loguatuo in Nimba County, the asphalt pavement of the 20km road between Fish Town and Kelipo in River Gee County, as well as the construction of a bridge at Loguatuo over the Nuor River and the construction of a Joint Border Post Weigh Station at Loguatuo.

The Project is a continuation of the African Development Bank’s support to the regional integration of the Mano River Union member states (Liberia, Cote D’Ivoire, Sierra Leone and Guinea) and also in support of Liberia’s Pro-Poor Agenda for Prosperity and Development and is expected to start in January, 2019 and end in December, 2022.

According to the project document, the expected outcomes of the project are: reduced transportation costs and travel time, facilitating free movement of goods and services between the two countries, improving the living conditions of the project area communities, enhancing potentials for agriculture and thereby contributing to poverty reduction, improved road safety and improved regional trade and integration.

Read 2913 times Last modified on Thursday, 08 November 2018 12:40

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