In a significant move to boost urban development, the Ministry of Finance and the World Bank today formally signed the contract agreements for the implementation of the Resilient Urban Sierra Leone Project (RUSLP).
The signing marks a major step towards the long-awaited upgrade and modernization of the central markets in Makeni and Kenema. The initiative is designed to enhance urban resilience and improve market infrastructure, with the overarching goal of boosting local economies and improving livelihoods in both cities.
Under the project, the contract for the Kenema Central Market has been awarded to Ambitious Construction Company at a value of five million United States Dollars (US$5,000,000).
Meanwhile, the Makeni Central Market contract has been awarded to a joint venture between Micheletti & Company Limited and S&H Trading Investment SL Limited, valued at four million, one hundred and eighty thousand United States Dollars (US$4,180,000).
The total combined investment for the two market infrastructure projects stands at nine million, one hundred and eighty thousand United States Dollars (US$9,180,000).
