SETRAG Hosts World Bank Group VP Risk for Project Monitoring Visit
The Société d’Exploitation du Transgabonais, SETRAG, hosted Dennis Albert McLaughlin, Vice President in charge of Risk at the World Bank Group, on 10 February as part of ongoing monitoring of World Bank-financed projects.
Accompanied by World Bank and IFC representatives, the visit focused on risk management oversight, including a field inspection of the PK2–PK17 section of the Transgabonais line. This segment, located in a densely populated urban area, faces operational challenges linked to the illegal occupation of the railway reserve, posing risks to train operations, community safety and service continuity.
SETRAG teams outlined the mitigation measures implemented to secure the corridor, strengthen surveillance and uphold risk management standards. The World Bank Group reaffirmed the importance of structured, proactive risk governance aligned with its requirements, emphasising that effective risk management remains central to safeguarding infrastructure investments and ensuring long-term operational sustainability.
The visit underscored the continued partnership between SETRAG and the World Bank Group, with both parties reiterating their commitment to international best practice in governance and infrastructure risk oversight.
