📋 Tender Overview
Scope :
Saint Paul mixed-use development in Cote d’Ivoire’s capital Abidjan.
The project, which is being developed by France’s Duval Group, is located on a 22,525-square-metre site in the Plateau district that includes the former Saint Paul school, as well as a sanctuary and presbytery.
The complex will feature the eight-storey Odalys City Saint-Paul aparthotel with 130 rooms, an eight-storey office building and retail spaces such as supermarket, shops and restaurants. The project also provides for the renovation of the sanctuary and presbytery.
The total project cost is estimated at €64 million (US$69.3 million). The IFC plans to mobilise up to €16.3 million in additional funding from other lenders and Duval Group will finance the remainder of the construction cost. The group has approached the French Development Agency’s Proparco and Societe Generale Cote d’Ivoire for support. Construction is expected to start in the second quarter and last up to 27 months.