Sierra Leone Signs $9.18M Deal for Market Modernization

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Sierra Leone Signs $9.18M Deal for Market Modernization
Sierra Leone Signs $9.18M Deal for Market Modernization

Africa-Press – Sierra-Leone. The Ministry of Finance and the World Bank have officially signed contract agreements for the implementation of the Resilient Urban Sierra Leone Project (RUSLP), marking a significant step toward enhancing urban infrastructure and economic resilience.

This major initiative aims to modernize central market facilities in the cities of Makeni and Kenema, thereby promoting sustainable urban development and improving the livelihoods of thousands.

As part of the agreement, the contract for the Kenema Central Market has been awarded to Ambitious Construction Company at a value of US$5 million. Meanwhile, the Makeni Central Market upgrade will be executed by Micheletti & Company Limited, in joint venture with S&H Trading Investment SL Limited, at a total value of US$4.18 million.

According to the Ministry of Finance, the RUSLP forms a critical component of the government’s broader urban development strategy. The project is designed to enhance resilience, stimulate local economic activity, and provide safer, modernized trading environments for both vendors and consumers.

The upgraded markets will feature state-of-the-art facilities, improved sanitation systems, and greater accessibility, all of which aim to foster inclusive and sustainable urban growth.

Once completed, the initiative is expected to create employment opportunities, boost local commerce, and significantly improve the daily experience of market users in both regions.

This collaboration reaffirms the World Bank’s ongoing commitment to supporting Sierra Leone’s development goals, particularly in strengthening urban infrastructure and building resilient cities capable of withstanding modern challenges.

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