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Last month, the government of Cape Verde announced its decision to launch an international tender for the construction of the archipelago's largest road, the Fogo Island ring road.
The Cape Verdean Minister for Infrastructure, Transport and the Sea, Manuel Inocencio, told the daily newspaper, A Semana, the tender will be launched and granted during the first half of next year, with a view to commencing work by September 2007 and with completion before the deadline of 30 months.
According to officials, the project is valued at 3 billion Cape Verdean escudos (US$34.3 million).
Inocencio stresses the ring road will be a driving force behind economic development on Fogo Island. Property investors are viewing the project with interest as it will bring with it upgraded conditions for tourism and transport in general, as well as improve road safety for passengers and cargo.
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