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Economic Zone: The Caisse de dépôts finances the construction of 10 factories

07/06/2022
Categories: Companies

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The Caisse des Dépôts et Consignations du Bénin (CDCB) and the ARISE IIP Group signed an agreement on Friday, June 3, 2022, for the construction of 10 factories. This partnership is in favor of the establishment of factories in the Economic Zone of Glo-Djigbè (GDIZ).

As part of the transformation of Benin's cotton production, the Caisse des Dépôts et Consignations du Bénin (CDCB) and the ARISE IIP Group have signed an agreement to build 10 factories, three of which will be built immediately. Worth 700 billion FCFA, the program will eventually allow the transformation of the entire cotton production of Benin.

The other 7 factories will be set up with the main partners, namely the ARISE Group, with whom the State has signed a contract to develop the Glo-Djigbé industrial zone, the Caisse des Dépôts et Consignations du Bénin (CDCB) and all the ginners participating in this program.

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