Bank of China provides CFA 72.6 billion loan for Phase 3 of Video Surveillance Platform Project (Linked to Project ID#53273, ID#92204, and ID#92205)

According to the Government of Côte d'Ivoire’s Aid Management Platform (AMP), Bank of China and the Government of Côte d'Ivoire signed a CFA 72,678,277,635.24 loan agreement on April 30, 2020 for Phase 3 of the Video Surveillance Platform Project. The borrowing terms of the loan are unknown. As of December 31, 2022, the loan had achieved a 66.4% disbursement rate. Three loan disbursements (worth CFA 48,300,000,000) took place in 2021 and 2022: a CFA 14,106,861,650 disbursement on December 31, 2021, a CFA 4,650,000,000 disbursement of September 30, 2022, and a CFA 29,543,138,350 disbursement of December 31, 2022 Phase 3 involves the laying of fiber optic cable and the installation of video surveillance cameras in various cities. It also seeks 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 are to reduce crime, establish an infrastructure monitoring system, and establish a road traffic regulation and control system. Huawei Technologies Co., Ltd. is the contractor responsible for implementation. The precise timing of the project's implementation start date is unknown.

Additional details

1. This project is also known as Phase 3 of the Abidjan Safe City Project. The French project title is Extension du projet de mise en oeuvre de la plateforme unifiée et ouverte de la vidéo protection or Projet de vidéoprotection Phase III. 2. The AMP system identification number for the Bank of China loan is 1120071335710. 3. This Bank of China loan is not included in the Chinese Loans to Africa (CLA) database that is managed by the Global Development Policy Center at Boston University and SAIS-CARI. 4. Bank of China also provided a loan for the project’s second phase (as captured via Project ID#92204 and ID#92205). China Eximbank financed the project’s first phase (as captured via Project ID#53273).

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