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| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Côte d'Ivoire (Ivory Coast) |
| Country | Cote d'Ivoire |
| Start Date | Jun 06, 2016 |
| End Date | Aug 20, 2031 |
| Duration | 5,553 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 53273 |
China Eximbank provides $57.1 million preferential buyer’s credit for Phase 1 of Video Surveillance Platform Project On June 6, 2016, China Eximbank and the Government of Côte d'Ivoire signed a $57,107,286.55 (CFA 27,790,839,066.10) preferential buyer’s credit (PBC) agreement [CHINA EXIMBANK PBC No. (2016) 4 TOTAL NO. (392)] for Phase 1 of the Video Surveillance Platform Project.
It was ratified by the Government of Cote d'Ivoire on August 31, 2016.
The proceeds of the PBC were to be used by the borrower to partially finance a commercial contract with Huawei Technologies Co., Ltd.
As of April 2022, the loan had achieved a 117.3% disbursement rate (CFA 32,608,412,922 out of CFA 27,790,839,066.10). 6 disbursements (worth CFA 32,608,412,922) took place between 2017 and 2020: a CFA 5,899,456,283 disbursement on December 31, 2017, a CFA 12,311,081,310 disbursement on July 31, 2018, a CFA 4,973,823,456 disbursement on November 30, 2018, a CFA 4,609,394,849 disbursement on April 30, 2019, a CFA 2,227,192,738 disbursement on September 30, 2019, and a CFA 2,587,464,286 on March 31, 2020.
This project involved the laying of 270 kilometers of fiber optic cable and the installation of 1,000 video surveillance cameras in the capital city of the Abidjan.
It also sought to connect these cameras to a traffic monitoring system using license plate readers and variable message signs for the detection of red light violations.
The ultimate objectives of the project were to reduce crime, establish an infrastructure monitoring system, and establish a road traffic regulation and control system in ten areas: Abobo, Adjame, Attécoubé, Cocody, Koumassi, Marcory, Plateau, Port-Bouet, Treichville, Yopougon. Huawei Technologies Co., Ltd. was the contractor responsible for implementation.
This project commenced in 2017.
As of January 2019, 91% of the cameras were installed; 95% of the operation centers were established; 75% for the management of road and traffic monitoring equipment was installed; and 85% coverage for fiber optic cable was installed. The project was expected to reach completion in March-April 2019.
It was ultimately completed on February 28, 2021.
Government of Côte d'Ivoire (Ivory Coast)
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