logoBC
Yaoundé - 24 April 2024 -
Economy

Govt is building a new dry port in Ngaoundéré, Northern region

Govt is building a new dry port in Ngaoundéré, Northern region
  • Comments   -   Tuesday, 05 April 2022 11:54

(Business in Cameroon) - The Cameroonian government is finalizing the construction of a new dry port in Ngaoundéré, in the northern region. During a meeting last April 1 with MPs, the Minister of Transport, Jean Ernest Ngallé Bibehe Massena, said the project was ongoing since 2015 and has cost the government about CFA1.4 billion.

“To date, the project is well advanced. Works include the provision of a site of about 200 hectares in Beka Matari, the transmission of a draft establishment of a working group to the Prime Minister for approval, the development of terms of reference, studies for the construction of the dry port. The draft of the restricted national tender for the realization of studies for the construction of the dry port is under examination," said the Minister of Transport.

The facility is expected to strengthen the infrastructure on the Douala-Ndjamena corridor, on which about CFA340 billion of Chadian goods transit each year, according to data from the Cameroonian customs. Ernest Ngallé Bibehe Massena said the government also plans to build a second dry port in the city of Garoua (northern region), thus denying rumors about the construction of such infrastructure in the cities of Obala and Nomayos, in the Central region. According to the minister, the facilities to be built in the two localities mentioned above are simply logistical bases for large projects.

BRM

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 »