In the Ivory Coast's capital Abidjan on Friday (July 6) a ten million pound sterling (11 thousand million CFA francs) contract was signed to finance and equip two power stations.
GV EECI building
CU Artist's impression of power plant
SV INTERIOR Mr. Konan enters room and shakes hands with Italians
SV Delegates seated at table
SCU Konan signs PAN to Italian representative signing
SV Both sides at signing (3 shots)
Konan shakes hands with Italians.
Initials ES. 1.05 ES. 1.21
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Background: In the Ivory Coast's capital Abidjan on Friday (July 6) a ten million pound sterling (11 thousand million CFA francs) contract was signed to finance and equip two power stations.
The three year project is being financed by the Ivory Coast Government through a loan by the Industrial Electro-Mechanical Group of Milan.
The loan is to cover the cost of imported materials and has been guaranteed by the Italian Government.
The Italian Ambassador to the Ivory Coast, Mr. Fulvio Rizzetto attended the ceremony.
After the contracts had been signed by representatives of the Milan company and the Ivory Coast Electricity Board (EECI), Mr. Lambert Konan the EECI Director General said that the electrification of the Ivory Coast had made great progress in the past 10 years.
During the decade the country's electricity production capacity had been multiplied seven times form 52,000 kilo watts to 350,000KM and the number of towns and villages which had been electrified had been multiplied by 17.
The loan will also go towards the cost of laying the electricity lines to carry the power to the rest of the country.
The new power stations are needed because the energy needs of the Ivory Coast has been increasing and it has been estimated that the Ivory Coast electricity needs are increasing by 17 per cent a year.
At the same time because of the serious drought in West Africa, there has not been enough water to enable the Kosso Dam opened in 1972 to reach its target of electricity projection.
SYNOPSIS: In Abidjan, the Ivory Coast capital, on Friday a ten million pound sterling agreement was signed to build two new power stations.
Mr. Lambert Konan, director general of the Ivory Coast Electricity Board, EECI, was there to sign the agreement with an Italian company, the Industrial Electro-Mechanical Group of Milan.
The Italian company is financing the three year project with a loan. it will cover the cost of imported materials and the laying of the lines to take the power to the people of the Ivory Coast. The loan has been guaranteed by the Italian Government.
Mr. Konan said the country's electricity production capacity had multiplied seven times in the last 10 years -- and the numbers of towns and villages which now have electricity had multiplied 17 times.
The new power stations will help to meet energy needs increasing at rate of 17 per cent a year. The electricity needs of the Ivory Coast are among the highest in Africa.