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

Countries
  • Ivory Coast
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
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jul 5, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Direction Générale des Transports Terrestres et de la Circulation
The holder of the loan, grant, or other investment.
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, converted to USD$. 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, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Jan 5, 2018

Disclosed by Bank May 2, 2016


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Project 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
  • World Bank (WB)
Contact Information
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.