Multinational - Feasibility study of a deep sea port in the north-west region of the Republic of Guinea


Project Summary

Approval Date 14 Dec 2018
Signature Date 30 May 2019
Planned Completion Date 30 Dec 2021
Sovereign / Non-Sovereign Sovereign
Sector Transport
DAC Sector Code 21040
Commitment U.A 1,463,700.23
Status Implementation

Project General Description

The proposed intervention relates to the Feasibility study of a deep sea port in the north-west region of the Republic of Guinea. This project is in line with the Mining Development Policy implemented by the Guinean Government, which provides, among other things, for the training of a qualified workforce in mining-related trades and the promotion of local employment in the mining sector. The study aims at determining the best technical, economic, financial and socio-environmental option for the development of the envisaged port platform. The construction of the port will, among other things, make it possible to (i) improve the competitiveness of Guinea's export products; (ii) broaden and integrate the Guinean market with the markets of neighbouring countries (Guinea-Bissau, Senegal, Mali, Côte d'Ivoire, Liberia, Sierra Leone) and, consequently, facilitate and strengthen intra-community trade within ECOWAS; (iii) open up Guinea's inland regions that do not have direct access to a seafront; (iv) reduce the cost of transporting goods and generate economies of scale; (v) boost the productivity and competitiveness of West African economies; (vi) attract more private investment to the region; and (vii) improve the living conditions of the populations living in the area of influence of the planned infrastructure. The development of the planned port platform will also improve the competitiveness of Guinea's export products.

Project Objectives

The objective of the project is to carry out studies for: (i) formally identify the optimal site for the construction of a deep water port in the North-Western region of Guinea; (ii) determine the technical, economic, financial and socio-environmental feasibility of the construction of the port; (iii) design and dimension the future port platform at the APS level; and (iv) make recommendations regarding the management of the environmental and social impact of the proposed developments.

Beneficiaries

The main beneficiaries of the project are the Government of the Guinea Republic and ultimately the entire Guinean population.

Participating Organization

Funding
NEPAD Infrastructure Project Preparation Facility
Implementing
GOUVERNEMENT DE GUINEE

Information

IATI identifier 46002-P-Z1-DD0-021
Last Update 20 Oct 2020

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Contact Details

Name CODO Pamphile Stanislas
Email p.codo@afdb.org

Geographic Location

Country Multinational