logoBC
Yaoundé - 25 April 2024 -
Companies

Cameroonian and Chinese companies work together on partnerships to take on projects

Cameroonian and Chinese companies work together on partnerships to take on projects
  • Comments   -   Friday, 11 December 2015 02:56

(Business in Cameroon) - The Chamber of Commerce, Industry, Mines and Crafts of Cameroon (CCIMA) gathered, on 4 December 2015 in Douala, the economic capital, local economic operators and managers of Chinese businesses established in Cameroon, we learn from reliable sources.

This meeting was meant to discuss the terms for a better cooperation between Chinese and Cameroonian companies, on the execution of ongoing structural projects in Cameroon, of which many are undertaken by Chinese companies.

Apart from the partnership on structural projects, the meeting was also meant to, as specified by Christophe Eken, President of CCIMA, "further strengthen and deepen the economic cooperation between our two countries, with a view to significantly increase the volume of trade exchanges and gradually operate a transfer of technology".

As a reminder, according to the Cooperation Directorate of the Ministry of Economy, China through Eximbank of China, has become the top investor in Cameroon. Out of the FCfa 2,750 billion in Direct Foreign Investments absorbed by Cameroon between 2000 and 2014, China on its own contributed 67%, according to the United Nations Conference on Trade and Development (UNCTAD).

cameroon-s-red-cocoa-nears-labeling-as-oapi-awaits-coloration-analysis
The Cameroon red cocoa, listed in 2019 as a product eligible for geographical indication (GI), has progressed towards labeling by the African Intellectual...
cameroon-poultry-expo-revives-focus-on-industry-transformation
The 2024 edition of the Yaoundé International Poultry Exhibition (Savi) kicked off on April 23 at the Congress Palace. The event organized by the Cameroon...
beac-s-bond-auction-meets-success-in-inflation-combat-efforts
On April 22, the Central African Central Bank (Beac) concluded a successful 14-week bond issuance worth CFA50 billion. This move, offering a 2.5% interest...
cameroun-delays-bond-sale-amid-regional-market-strain
The Cameroon government has postponed its planned 2024 bond sale, originally slated for April, due to market saturation caused by Gabon and the Central...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »