PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

26544

Primary Business Area

Infrastructure

Disclosure Date

May 25, 2009

Country

Benin

Region

Africa

IFC Approval Date

Sep 23, 2008

Status

Completed

Estimated Total Budget

$3,105,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 30, 2016

Project Estimated Start Date

Sep 1, 2008

Project Description

The project assists the government of Benin in introducing private sector participation in the country’s port sector, in compliance with a condition of the Benin Millennium Challenge Account for the expansion of the Port of Cotonou. Objectives are to: 1) provide transaction advice to the government regarding the appropriate level of transfer of activities to the private sector and the reinforcement of the role of the Port Authority; and 2) select through a transparent competitive process private operators to develop and operate the new quays, to be financed by the Millennium Challenge Corporation in the Port of Cotonou.