Andry Rajoelina signs with EGAAD for first stage of Tana-Tamatave highway
Led by the Egyptian public works group Samcrete, associated with Orascom, the $250 million project covers 80km for the first section from the capital to the east coast. The project must be completed within 12 months, starting in November.
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▪ Andry Rajoelina signs with EGAAD for first stage of Tana-Tamatave highway
▪ Led by the Egyptian public works group Samcrete, associated with Orascom, the $250 million project covers 80km for the first section from the capital to the east coast. The project must be completed within 12 months, starting in November.
▪ https://www.africabusinessplus.com/en/813661/andry-rajoelina-signs-egaad-for-first-stage-of-tana-tamatave-highway/
According to Africa Business+ sources, the purpose of the public-private partnership (PPP) “realisation-concession” contract for the future Antananarivo-Tamatave toll motorway is transformative. On Monday, 31 October, Malagasy President Andry Rajoelina will sign with the Egyptian grouping Egyptian African Arab Co. for Development (EGAAD).
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