(Business in Cameroon) - Within the framework of the project to launch the Cameroon Commodities Exchange (CCX), the Eleni LLC firm which is advising the government on the project, has suggested the creation of storage and delivery centres for products traded on the CCX in nine Cameroonian towns and cities: Kumba, Douala, Yaoundé, Abong-Mbang, Foumbot, Bamenda, Ngaoundéré, Touborou and Kaele.

However, according to Eleni LLC “evaluation of the warehouse capacity reveals a warehouse storage infrastructure deficit of 300,000 MT over five years in the aforementioned cities for the volume of trade projected for the 8 commodities of interest.”

The Cameroonian government made two calls for tenders “to build packaging and storage complexes in some farming areas.” Over 3 billion FCFA will be invested in these facilities.

But private operators would also be interested in this type of investment, such as the Bolloré group which “would invest in the construction of new warehouses for the CCX and has land outside of Douala.”