(Business in Cameroon) - Initially planned for September 2016, delivery of a construction project of close to 1400 shops on the former site of Congo market in Douala, the Cameroonian economic capital, will finally take place in 2018, about 2 years behind schedule.
At least this is the new timeline provided by the company SICC (SouthWest International Construction Corporation), the product of a joint venture between American partners and Cameroonian economic operators. "We have had delays, admittedly, but the obstacles have been overcome. Today, calm has been restored", explained Brigitte Soppo Ngallé, director of SICC, after the agreement signature with the American partners.
The cost of this project designed under the model of a public-private partnership, with the Urban Community of Douala, the municipal Town hall of the economic capital, is estimated at around FCfa 7 billion. The materials used are prefabricated, thanks to technology provided by the American partners.