During the SARA 2023 agricultural fair in Abidjan, the Netherlands, through Invest International, has agreed to co-create solutions with the Ivorian Government and private sector to contribute to the socio-economic development and prosperity of the West African country
On behalf of the Dutch Minister of Foreign Trade and Development Cooperation, Liesje Schreinemacher, the director public sector at Invest International, Lara Muller, signed a memorandum of understanding (MoU) with Adama Coulibaly, Ivory Coast’s Minister of Finance and Economy.
This agreement includes the provision of a concessional financing package of EU€300mn (approx. US$315mn) in grants and loans which will be utilised to finance the development of essential infrastructure projects.
These projects will contribute to the ultimate aims of increasing the supply of drinking water; supporting the sustainable management of water resources; strengthening flood management in the San Pedro region; improving urban mobility in the Abidjan Lagoon; extending and modernising the San Pedro fishing port; enhancing coastal protection in the Port-Bouët area.
It is hoped that the development of such key infrastructure Ivory Coast will contribute to strengthening trade relations between the two countries, particularly concerning the export of coca beans.
