World Bank excludes Colas subsidiary from airports expansion PPP project in Madagascar
The World Bank Group has debarred Colas Madagascar S.A., a construction company and a subsidiary of France’s Colas S.A. due to its connection with collusive and fraudulent practices as a part of airports expansion PPP project in Madagascar.
The project, which is supported by IFC, provides partial financing for the design and development of the expansion and renovation works of the two main airports in Madagascar: the Ivato International Airport and the Fascene Airport.
The debarment makes Colas Madagascar S.A. and its subsidiary, CMBI SNC, ineligible to participate in projects and operations financed by institutions of the World Bank Group.
Country updates
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October 09, 2019
Jovena, Africa50, SN Power, Colas to develop 120 MW hydro project in Madagascar
The leading local industrial player in Madagascar, Jovena, has partnered with Africa50, the pan-African infrastructure investment platform, SN Power, and Colas for the development of a 120 MW hyd...
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July 31, 2018
AfDB launches RFEOI for Manakara Port's feasibility study
The AfDB has launched a RFEOI for the feasibility study of the Manakara Port Project PPP. The Republic of Madagascar has received funding from the African Development Bank Group to cov...
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July 27, 2018
The Republic of Madagascar has initiated the tender process calling for advisors to express their interest in the project
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May 07, 2018
The Republic of Madagascar has published a Request for Expressions of Interest (RFEOI) for consultants interested in conducting a feasibility study of the project
The Republic of Madagascar has published a Request for Expressions of Interest (RFEOI) for consultants interested in conducting a feasibility study of the project. Responses must be submitted by 13 July 2018
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January 30, 2018
Construction has commenced, and is expected to be complete in 2020
Construction has commenced, and is expected to be complete in 2020. Mott MacDonald is acting as technical advisor to the lenders, developing a capital investment plan and undertaking environmental assessments
