Excluding 2012, Japan invested nearly $72.8 mln in Togo between 2011 and 2018

Economic governance
Friday, 30 August 2019 13:13
Excluding 2012, Japan invested nearly $72.8 mln in Togo between 2011 and 2018

(Togo First) - Excluding the year 2012, Japan has invested from 2011 to 2018 close to $72.8 million in Togo. The figure was disclosed by the Togolese Presidency, on the sidelines of the ongoing seventh Tokyo International Conference on African Development (TICAD7).

The funds were spent on the renovation of the fishing port, the community development emergency program (PUDC) and the construction of bridges across the Kara and Koumongou Rivers.

The Japan International Cooperation Agency (JICA) also gave XO14.4 billion for the construction of the new fishing port of Lomé. For this project, the State itself provided about XOF6 billion.

However, despite all these investments, Japanese private investors are not really active in Togo so far.

Séna Akoda

togofirst mobile

 
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