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ITOCHU Announces Signing of Yen Loan Agreement for Cote d’Ivoire: Contribution to Revitalization of Grain Logistics in Cote d’Ivoire and Inland Sahelian Countries through Development of Grain Berths | News & Media

Posted on March 21, 2024 by News Admin

On March 19, the Japan International Cooperation Agency (JICA) signed a Loan Agreement (L/A) with the government of the Republic of Cote d’Ivoire for up to 2.455 billion yen for the “Port of Abidjan Grain Berth Construction Project (Phase II)” in Abidjan. This project aims to contribute to the revitalization of logistics in the Sahel region by constructing a new grain berth at the Port of Abidjan, which serves as the gateway to West Africa, to meet the growing demand for grain in the country and inland countries in the Sahel region, and to contribute to SDG Goal 9 (Building Resilient Infrastructure). The project will contribute to the SDGs (Sustainable Development Goals) Goal 9 (building resilient infrastructure). Signing ceremony

The first phase (L/A signed in March 2017, 10,869 million yen) of the yen loan has already been provided for this project, and the current yen loan is for the second phase.

The Japanese technology utilization condition (STEP) (see note) was applied to the yen loan for this project (Phase I), and the Japanese steel pipe sheet pile method, hat-shaped steel sheet pile method, and H-shaped steel method were utilized for the quay wall of the grain berth to be constructed in this project.

(Note) Abbreviation for Special Terms for Economic Partnership. Terms and conditions for the provision of yen loans established to promote Japan’s “face-to-face assistance” through the transfer of technology to developing countries utilizing Japan’s superior technology and know-how. The main contractor is Japan Tide and the subcontractor is General Untied. The main contractor must be either a Japanese company, a subsidiary of a Japanese company located overseas, or a joint venture (JV; the Japanese company is the lead partner) between a Japanese company and the borrowing country. Under certain conditions, a JV between a Japanese company and an equity-method affiliate of the Japanese company (with the Japanese company as the lead partner) can also be the lead contractor.

Details of the project are as follows

Amount and terms of loan

Project name Amount

(Millions of yen) Interest rate (%/year) Redemption period

(years) Settlement period

(Year) Procurement Terms Main Body Consulting Services Abidjan Port Cereal Berth Construction Project (II) 2,455 0.20 0.10 40 10 Japan

tied (e.g. tied aid)

  1. project implementing organization

Abidjan Autonomous Port Authority

URL: https://www.portabidjan.ci/en

Schedule for future project implementation (tentative)

1 . Project completion date: August 2025 (Project will be completed when the facility is put into service)

Scheduled completion date of the project: August 2025 (project completion at the time the facility is put into service) 2 . Scheduled date of sending invitation for consulting services (detailed design, etc.): Contracted

Expected date of sending invitation for consulting services (detailed design, etc.): contracted 3 . Publication of bids for the first procurement package under international competitive bidding for the main body of work:

Name of procurement package: Cereal Berth Construction Package (New Grain Berth Construction Package): Contracted

  1. JICA Information Desk

For information on the procurement schedule for this project, please contact the following office.

JICA Cote d’Ivoire Office, Infrastructure Sector Information Desk

(Contact Point for Infrastructure Sector, JICA Côte d’Ivoire Office,)

Address: 04 B.P. 1825, Abidjan 04, Côte d’Ivoire

tel: + 225-272-248-2727, fax: + 225-272-244-6582

E-mail address: [email protected]

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© Source JICA

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