Category: Banks. Country: Chad.
Chad joined the World Bank in 1963. Since then, World Bank assistance on over 50 projects has helped the country work towards achieving sustainable economic growth while reducing poverty. Some of the most recent projects include: The Chad-Cameroon Petroleum Development and Pipeline Project aims, through environmentally and socially sound private investment in the petroleum sector, to increase Chads expenditures on poverty alleviation activities and to increase Cameroons fiscal revenues available for financing priority development expenditures in the context of the governments strategy for economic growth and poverty reduction. The Chad portion of the project has four components. The first finances construction of field and export systems including drilling of production wells and water re-injection wells infrastructure facilities comprising a central treating facility, electric power generation plant, an airfield and office buildings a pipeline and pumping station and infrastructure upgrades. The second component designs and implements a sound petroleum revenue management program. The third component supports private investment and commercial financing. The fourth implements an environmental management plan. There are three components for the Cameroon project segment. The first constructs an export system also, including pipeline, pumping stations, and a floating storage and offloading vessel as well as upgrades infrastructure. The second component encourages private investment and commercial financing, while the third component implements an environmental management plan.
Address: Avenue du Commandant Lamy Quartier Boloro
NDjamena, Phone: 235 52 33 60 Fax: 235 52 44 84
