(Business in Cameroon) - According to the forecasts of the Cameroonian government, the first commercial vessels will berth at the deep water Kribi port, built in the Southern region of the country, during the 2nd quarter 2016. Louis Paul Motazé, Minister of Economy, who commented on the subject on 18 January 2015 during a meeting with the press, talked about the May-June period.
Concurrently, within the Bolloré-CMA CGM-CHEC consortium, who won the concession contract for the container terminal, authorised sources mention April 2016. “We are working to be ready by 1 April 2016”, our source confirms.
In the meantime, the Cameroonian authorities and the contract-holders for container and multi-purpose terminal, as well as the mooring and towing activities, continue negotiations which should result in the signing of concession contracts.
Moreover, Minister Motazé indicated, the government is fine-tuning the bill on the creation of the public company in charge of managing the port, and the agency responsible for developing an industrial complex around the Kribi Port, based on the model set up in the Tangiers Port in Morocco.
BRM