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Madagascar launched major roads rehabilitation with all parteners

June 24, 2022

On 18 June 2022, the towns of Bezavona and Fort-Dauphin in the south of Madagascar hosted the launch of major road works financed by the European Union, the European Investment Bank (EIB), the African Development Bank Group and the Republic of Madagascar.

In 2021, the European Union set up the Global Gateway, a new strategy to develop smart, clean and secure links in the digital, energy and transport fields and to strengthen health, education and research systems worldwide. The strategy aims at reducing the global investment deficit and chimes with the commitment made by G7 leaders in June 2021 to set up a value-based infrastructure partnership with high and transparent standards to cater for global infrastructure needs.

The investment package will facilitate mobility and trade through strategic corridors both within Africa and between Africa and Europe. The package will be used to develop international transport infrastructure by supporting investment in sustainable, efficient and secure connectivity between the two continents, and update and harmonise regulatory frameworks.

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