The Chairman of the Board of Directors of TRANSCO CLSG and Managing Director at Côte d’Ivoire ENERGIES, Mr. Amidou Traore has disclosed that the CLSG interconnection project, which is connecting Liberia, Sierra Leone and Guinea with Cote d’Ivoire is on track for full implementation.
Speaking at the opening of the two-day Donors Coordination meeting in Monrovia, Liberia on Thursday, September 22, 2016, Mr. Traore hailed the donors’ unwavering commitment to CLSG project, which is expected to benefit millions of people in the sub-region.
The Board Chairman thanked the donors including the World Bank, the African Development Bank, the European Investment Bank and the German Development Bank (KfW) for their exemplary leadership in supporting the project. He urged the donors and other key stakeholders to continue their support to ensure the successful outcome of the CLSG project.
“Your presence at this meeting demonstrates the interest you place in this flagship project,” Mr. Traore hailed the donors. He also thanked them for their invaluable financial support, adding, “You contribute in all the preparatory phases of this project and I look forward to continuing with you during the construction and the operational phases.”
Mr. Traore said the Board of Directors and the Management of TRANSCO CLSG are aware of the enormous expectations that is associated with this project. “We must therefore strengthen our technical and financial cooperation, and even political, to complete the project. Nothing will stop us, neither US dollar currency fluctuation, especially or infrastructure costs that seem to be higher today compared to the funds obtained, nor the risks we may be confronted, including health and humanitarian crises.”
Mr. Traore furthered: “Together, we will overcome the obstacles and we will manage to achieve this noble goal which is to provide electrical energy in sufficient quantities and at competitive costs to our people.”
“Together, we will overcome the obstacles and we will manage to achieve this noble goal which is to provide electrical energy in sufficient quantities and at competitive costs to our people.”
The Board of Directors Chairman acknowledged the enormous challenges associated the project. He called on the donors and other key stakeholders to agree on a process that will ensure the continuation of the project, despite problems that may arise due to any financing gap.
“Together we have made significant progress and the result expected is emerging.”