Cote+D'Ivoire+Infrastructure

=Chinese Investors Will Continue Heavy Investment Into Cote d'Ivoire's Infrastructure Over The Next Five Years=

Executive Summary:
It is likely that Cote d'Ivoire will receive heavy investment from China concerning infrastructure in the next five years. Over the past five years, Cote d'Ivoire has received approximately USD 570 million in 4 infrastructure projects from Chinese investors. Of these, only one project was corresponding to PNGSM. This was China National Geological & Mining Corporation's (CGM) USD 21 million investment into the development of the Lauzoua Manganese mine. In 2013, it was reported that China may have plans to provide Cote d'Ivoire with a USD 10 billion loan for a variety of infrastructure projects, but as of 3 November 2013, there had been no official statement on the matter from the Chinese government.

Discussion:
In 2009, Sodemi, the Cote d'Ivoire-owned mining company, signed an agreement with CGM to develop the Lauzoua manganese mine in the southwest region of Cote d'Ivoire. The deal was set to expand the mine's production capabilities from 150,000 tons in 2009 to 500,000 tons by 2013. Along with the development of the mine, a manganese factory with the ability to produce 50,000 tons of processed manganese per year. This deal gave a 51 percent stake in the project to Sodemi, a 39 percent stake to CGM, and a 10 percent stake to the government of Cote d'Ivoire[|.]

In 2013, Albert Mabri Toikeusse, Cote d'Ivoire's Minister of State, Planning, and Development, stated in an interview that China would be loaning Cote d'Ivoire USD 10 billion for a variety of infrastructure projects including a USD 2.5 billion expansion of the port of Abidjan and a USD 2 billion railroad stretching from Man to San Pedro. There has been no official agreement as of 11 November 2013.

2011 || 94 million || Abidjan-Grand Bassam Motorway || China EXIM Bank, China National Machinery and Equipment Company || Construction of Abidjan-Gran Bassam Motorway || Misc. || 2008 || 58 million || N/A || China government || Rehabilitation of ministerial officers and a research center for fighting malaria || Misc. ||
 * Date || Price (USD) || Location || Key Chinese Companies Involved || Description || Corresponds to ||
 * October
 * 2011 || 500 million || Soubre || Sinohydro Corporation, China EXIM Bank || Construct of a 275-megawatt hydroelectric power plant || Misc. ||
 * September

Analytic Confidence:
Analytic confidence is medium. Source reliability ranges from medium to high. There is no conflict between sources. The analyst had low expertise on the subject, did not use a structured analytic method, worked alone, and collaborated with a team. The subject is moderately complex and the deadline was moderately difficult to meet.


 * Analyst****:** Jared DeTal