(Business in Cameroon) - The Metropolitan Investment Company of Douala (Smid), a company created to develop the Cameroonian economic capital, held its 2nd Board meeting last February 2019 and screened applications to recruit a Managing Director, Administrative and Financial Director, Director of Promotion, Marketing and Public Relations, and Director of Operations and Production.

According to the government delegate to the Douala Urban Community which initiated the Smid project, a total of 1,872 applications were received for these four positions, three of which were awarded to women, including that of managing director for whom more than 600 candidates were in the running ; the position of administrative and financial director was given to a man.

In the long term, Smid aims to mobilize a global budget of XAF1,400 billion for the implementation of certain major projects in the Cameroonian economic capital.

These include, for example, the construction of the Douala International Conference Center (XAF12.4 billion), Bonabéri multimodal bus station (XAF1.9 billion), urban forest in the Bessékè valley (XAF2.29 billion), Douala exhibition centre (XAF8.5 billion), etc.

BRM