Five new bridges Guinea improve accessibility and safety
In the Guinean capital Conakry, the Five Bridges Project has been officially completed. With the construction of five steel bridges and related road infrastructure, accessibility, traffic safety, and overall liveability for approximately two million residents of the city have been significantly improved. Thanks to the commitment and public financing of Invest International, this complex infrastructure project was made possible. Implementation was carried out by Ballast Nedam, in close collaboration with local partners.
Partnership and financing
Invest International played a decisive role as public financier and structuring partner. Large infrastructure projects in emerging markets often involve high risk profiles and long payback periods, which typically discourage commercial banks from providing loans or guarantees. Through public financing, Invest International can make a difference precisely in these contexts and, together with Dutch partners, enable major infrastructure projects with a high societal impact.
In 2021, the Guinean Ministry of Economy and Finance and the Dutch Embassy signed a grant agreement worth €30 million. In addition, Invest International provided a loan for the same amount, backed by credit insurance from Atradius Dutch State Business, securing the overall project financing. This financing structure makes it possible to invest in sustainable infrastructure with lasting social and economic impact for Guinea, while also creating opportunities for Dutch businesses.
Construction and implementation
Official opening
The completion of the project is being celebrated with a festive opening ceremony on site, attended by the Guinean Prime Minister and Minister of Infrastructure, project partners, and other stakeholders.