On September 26, ten days after his appointment to the Ministry of Economy and Planning, Oulimata Sarr signed his first major financing contract: a ready of 63 million dollars granted by the Saudi Fund for Development (SFD). These resources will finance the first tranche (Dakar-Tivaouane) of the coastal highway project which is to link the country’s first city to the former capital, Saint-Louis.
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The agreement was signed in the presence of President Macky Sall, Saudi Ministry of Investment Khalid bin Abdulaziz al-Falih et of the director general of the SDF, Sultan bin Abdulrahman al-Marshad. The total cost of the highway project, 200 km long through four regions and seventeen municipalities in the country, is estimated at more than 782 million dollars.
It will require no less than 56 billion CFA francs (i.e. 85 million euros) for the resettlement and compensation of the