It is in this context that PIC Network Limited was formed. The company conducted the preliminary studies at its own expense.
These studies helped strengthen the Republic of Benin’s decision to support a regionally integrated and cohesive transport infrastructures scheme (the “Backbone Project”).
Implementation of the Backbone Project will ensure a stable, balanced and attractive legal, financial and fiscal framework to attract local, regional and international investors.
To this end, the Republic of Benin and PIC Network Limited have entered into agreements to facilitate the creation of a public-private partnership with an initial core group of African and international investors and stakeholders.
An integrated and cohesive transport infrastructure project...
|The Backbone Project concept proposed by PIC Network Limited hinges on the coordinated development of a number of major infrastructure projects for the sub-region:
... as a part of a regional development perspective...
... and built on a public-private partnership approach.
|PIC Network Limited, as the promoter and coordinator of the Backbone Project, placed under the Authority of the States, invites interested parties - public or private, national or international players - to join the venture.|