Transport Sector Modernization and Corridor Trade Facilitation Project (WB-P156900)

Countries
  • Ivory Coast
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jul 5, 2016
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Direction Générale des Transports Terrestres et de la Circulation
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 30.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 45.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Jan 5, 2018

Disclosed by Bank May 2, 2016


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.
The development objective of the Transport Sector Modernization and Corridor Trade Facilitation Project for Cote d'Ivoire is to improve the efficiency and safety of transport services on theIvorian section of the Abidjan (Ivory Coast) - Ouagadougou (Burkina Faso) road transport corridor. The project has five components. The first, institutional strengthening and capacity building support for public and private sector participants in the transport sector component will strengthen the capacity of the government and of professional associations in the transport, transit and trade sector to effectively provide efficient support and services to private operators operating primarily on the Ivorian section of the Corridor. The component will also support activities that promote the professionalization of the road transport industry, as well as accompanying measures for the transport and logistics operators who may not be able to adapt to the new regulatory framework. The second component, development of a Heavy Cargo Truck renewal scheme, will support the institutional strengthening of the Road Transport Development Fund (Fonds de Développement des Transports Routiers – FDTR), to ensure it has the capacity to adequately manage the proposed project activities, including the relationship with both the commercial banks and the truck industry companies. The third component, support to customs modernization and trade facilitation on the Ivorian section of the corridor will focus on increasing the efficiency of trade and transit procedures on the Ivorian section of the Corridor. Activities under this component will focus primarily on the operationalization of the interconnection module/interface of the two customs’ information systems (ASYCUDA World) to facilitate trade and transit along the corridor.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
Name: Direction Générale des Transports Terrestres et de la Circulation Contact: Romain Kouakou Title: Directeur Général des Transports Terrestres et Circulation Email: rokkouakou@yahho.fr ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.

How it works

How it works