(Business in Cameroon) - On December 1, Cameroonian Energy and Water Minister, Basile Atangana Kouna, signed an agreement with China based company, TBAE Co. to conduct feasibility studies and build two electricity distribution lines in that country.
The project involves building a 225 Kv line between Ebolowa and Kribi in the South region and a 90 Kv line that will run from Mbalmayo and Mekin, which are respectively located in Cameroon’s Centre and South regions.
The project, for which the total cost has not been disclosed, should last 18 months, according to the agreement, and will be entirely financed by the Chinese company, as the Cameroonian party will only be granting favourable tax and customs arrangements to complete the project.