Cameroon-India: FCFA 21.3 billion to industrialize Cassava sub-sector
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Comments - Saturday, 05 September 2015 03:01
(Business in Cameroon) - Cameroon’s government just launched an international call to tenders to recruit Indian firms which are to provide equipment for processing and producing cassava on an industrial scale. The contracts resulting from the recruitment will be carried out in four batches with each aiming to supply Cameroon with more than 700 equipment and machinery.
The cumulative value of these contracts amounts to FCFA 21.3 billion, with the Exim Bank of India as the funding institution in accordance with the 2012 Cameroon-India convention on the industrialization of Cameroon’s Cassava sub-sector.
Submission of bids by tenders is expected on 9th October, 2015, at the Ministry of Public Contracts. All successful bidders for the various contracts will be given a 6-months period, following the immediate notification of the order of service by Cameroon’s government, to deliver the required equipment.
BRM
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