Projet SETRAG GABON Upgrading the Transgabonais to open up and develop the interior of the country Iskander Ezzerelli It is necessary to upgrade the railway line which crosses the country in order to promote economic development in Gabon. Proparco is consequently participating in the investment program financed by the State and the concessionaire. PROJECT DESCRIPTION SETRAG has been faced with a low level of productivity since the start of the concession, in particular This information is given due to the poor state of the infrastructure. SETRAG has decided to launch an extensive rehabilitation at the time of signature, program, with one of the main components being to upgrade the railway. The investment program without prejudice to any comprises infrastructure and superstructure works, safety, signaling, and an E&S action program. It developments in the is cofinanced by SETRAG and the Government of Gabon. operation/project CLIENT PRESENTATION 26/06/2016 The Transgabonais Operating Company (SETRAG) has been the concessionaire for the railway line crossing Gabon, along the Libreville-Franceville route, since 2005. The Transgabonais is used for Date of signature of the project passenger and freight transport. Its main activity is still the transportation of ore, particularly from COMILOG's manganese mine in Moanda. The infrastructure comprises a 710 km-long railway line, Infrastructures including a 648 km-long main line between the port of Owendo and Franceville. sector(s) PROJECT IMPACT Gabon Location This program directly aims to reduce operating costs, improve the reliability and availability of transport, provide equitable access to all users, and restore the capacity of the track to its initial Loan level in order to absorb a future increase in traffic. The overall objective is to provide Gabon with a renovated and reliable communication route between the capital and the interior of the country, in Financing tool order to open up areas and promote economic development. 32 500 000 Euros Amount of funding EUR 32.5m loan Financing details Société d'exploitation du Transgabonais Client A CES .