Côte d’Ivoire: Abidjan Metro line BOT contract signed

concessionBouygues, Keolis, Hyundai Rotem and Dongsan Engineering consortium signed a concession contract for Abidjan Metro line 1, Côte d’Ivoire.
The build-operate-transfer agreement will see the construction of a 37 km rail line that would connect the northern and southern suburbs via the city centre, and would serve Félix Houphouët-Boigny International Airport. Ridership is estimated at 300 000 passengers a day.
Hyundai Rotem will supply rolling stock and signaling, Dongsan Engineering electrification, and DTP Terrassement and Bouygues Travaux Publics and will be responsible for engineering work.
Preparatory work on the project will cost around USD 40 million. A Transportation Ministry official had previously estimated the overall price tag at around USD 1 billion.
Construction could begin in 2017 and end in 2020. The estimated USD 1billion cost will be financed by the consortium, which will have a stake of at least 40% in the operator once the line opens .The first phase of the rail line is expected to be completed in 2019 and the entire project operational by 2020.
“The Abidjan Metro line 1 will be a public passenger transportation service that will complement the existing transportation services to satisfy … strong demand,” Transport Minister Gaoussou Toure said.

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