2024-04-07 12:00:17
On the sidelines of the ECOWAS Investment Forum in Lomé, Guinea and the ECOWAS Development and Investment Bank (BDIC) concluded, Saturday April 6, 2024, a framework agreement worth USD 307 million to finance a range of projects in various socio-economic sectors of the country.
Representing the Guinean Government at this Forum, the Minister of Planning and International Cooperation, Ismael Nabé, met the President of the EBID. A framework agreement worth $307 million was concluded to finance a range of projects in various socio-economic sectors:
• Preparation of agricultural land ($80 million)
• Construction of public primary and secondary schools ($80 million)
• Establishment of a mining laboratory meeting international standards ($40 million)
• Construction of regional medical facilities and hospitals ($40 million)
• Improvement and modernization of four agricultural high schools and production units ($40 million)
• Carrying out road works in Greater Conakry ($27 million)
Additionally, Mr. Nabé met with an Indian delegation, including senior officials from the Ministry of External Affairs and the Export-Import Bank of India. “Discussions focused on the relaunch and revitalization of cooperation projects with India, including: A water supply project for Greater Conakry (cost: $170 million), an electrification project of seven universities and 200 health centers (cost: $20 million) and the construction of regional hospitals (cost: $55 million),” reported the government communications unit.
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