Home News ECOWAS Approves Design for $15 Billion Lagos-Abidjan Corridor Project

ECOWAS Approves Design for $15 Billion Lagos-Abidjan Corridor Project

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The Economic Community of West African States (ECOWAS) has officially approved the design for the ambitious $15 billion Lagos-Abidjan corridor highway development project.

This significant decision, aimed at enhancing regional economic integration, was reached during the 21st ministerial steering committee meeting held in Lagos, Nigeria, and chaired by Nigeria’s Minister of Works, Dave Umahi.

During the meeting, Umahi discussed the project’s advancements, emphasizing that the Lagos-Abidjan highway initiative, which was launched in 2013, has garnered considerable funding from the African Development Bank (AfDB).

He pointed out that over the past 11 years, numerous phases of the project—including design, environmental impact assessments, and funding mechanisms—have been actively progressed.

The recent approval of the highway’s design signifies a crucial step towards transitioning the project into the procurement phase.

“The design of the project, ESIA design, conceptualization, and funding mechanisms have been ongoing for the past 11 years. Today, we will hear from the committee of experts regarding the design, and we anticipate finalizing and approving it. Then, we will aim for procurement, likely at our next meeting,” Umahi stated.

Ghana’s Minister of Roads and Highways, Francis Boakye, emphasized the essential role of infrastructure, particularly highways, in promoting socio-economic growth.

He remarked that well-developed road networks can significantly boost trade, tourism, and economic activities, drawing a comparison to the United States’ economic expansion, which heavily relies on a robust highway system.

Boakye also highlighted the strategic importance of the Lagos-Abidjan highway project in furthering West Africa’s regional economic integration, noting Ghana’s active participation as a testament to its commitment to fostering regional connectivity.

Upon completion, the Lagos-Abidjan highway is anticipated to enhance trade, transportation, and regional collaboration among West African nations, benefiting millions and facilitating sustainable economic development.