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Infrastructures

Cameroon: Chinese TIEC gets USD 10 million contract for AFCON infrastructure

Cameroon: Chinese TIEC gets USD 10 million contract for AFCON infrastructure
  • Comments   -   Monday, 23 November 2015 02:57

(Business in Cameroon) - The Chinese construction company Top International Engineering Cooperation (TIEC) who in June 2015 was awarded a FCfa 1 billion contract to replace the roofs of the tanks at Société Nationale de Raffinage (SONARA), strikes again with this time new contracts, for a total amount of FCfa 6.75 billion (USD 10 million), for the construction of infrastructure for the African Cup of Nations.

TIEC is part of a grouping with a local company, Gresceram International, and is based in Yaoundé, but is presented on the website of the Chamber of Commerce as a general trading company.

In addition to this important contract won by TIEC, the Cameroonian government awarded other infrastructure contracts representing a global amount of FCfa 11 billion. Chinese Tianyuan Construction Group won a FCfa 3 billion contract, while BUNS, a Cameroonian civil engineering company won the jackpot with a FCfa 8 billion contract, to be undertaken over 8 months.

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