U.S. & Burkina Faso
2008 Commercial Guide
Chapter 4 - Leading Sectors for U.S. Export and Investment
Chapter 4-6 Heavy Works Contracts (roads, dam construction, electricity projects)
The value of the heavy works contracts market is estimated at 5 billion CFAF per year (about USD 9.7 million) and is expected to increase with the newly-awarded Millennium Challenge Corporation (MCC) compact, the construction of a free trade zone and possibly a new airport on the outskirts of Ouagadougou. The MCC compact is expected to total roughly $500 million over a five-year period, with signing expected by mid-2008. About $350 million of this total would be for road infrastructure.
Overview
2004 | 2005 | |
Total Market Size | na | na |
Total Local Production | 0 | 0 |
Total Exports | 0 | 0 |
Total Imports | $16,165,320 | $31,449,713 |
Imports from the U.S. | $10,214,841 | na |
(Information provided by Burkina Faso Customs Office)
Best Prospects/Services
Local companies usually contract assistance from foreign companies through government tenders. American suppliers of used equipment can directly sell their products to civil engineering companies.
Opportunities
Plans are currently underway for a free trade zone or “Zone d'Activites Commerciales et Administratives” (ZACA) (about USD 60 million), and the construction of a new international airport and free trade zone in Ouagadougou (about USD 218 million).
Resources
- Burkina Faso Chamber of Commerce and Industry: http://www.ccia.bf/
- Millennium Challenge Account: http://www.mcaburkina.bf/