logoBC
Yaoundé - 31 May 2020 -
Economy

Douala and Yaoundé land XAF2.7 bln grant agreement for their “Sustainable Urban Mobility Plans”

Douala and Yaoundé land XAF2.7 bln grant agreement for their “Sustainable Urban Mobility Plans”
  • Comments   -   Friday, 22 November 2019 16:07

(Business in Cameroon) - On November 22, 2019, Hans-Peter Schadek, Head of the European Union Delegation in Cameroon and Nikolaos Milianitis, Head of the European Investment Bank's (EIB) Regional Representation in Central Africa, concluded a three-day working visit to Douala.

According to the European Union delegation, during his stay, Hans-Peter Schadek signed a grant agreement to support the urban communities of Yaoundé and Douala, which are in partnership with the city of Bordeaux in France, for the implementation of the “Sustainable Urban Mobility Plans.” The aim of these plans, supported by the European Union with a tune of XAF2.7 billion, is to improve local governance in the field of urban mobility particularly.

The European Union supports these plans via the creation of a governing body for the transport sector, an urban mobility observatory and an urban planning agency in the two cities ( Yaoundé and Douala). In the framework of these plans, the creation of a mass urban transport system in the form of a cross with a North-South and an East-West axis as the main public transport axes was suggested. The construction of feeder roads, penetrators and a series of roads are also planned in the framework of the “Sustainable Urban Mobility Plans.

SA

the-wood-sector-requests-support-to-tackle-the-twin-shocks-of-falling-demand-and-covid-19
In Cameroon, the wood sector has not been spared by the coronavirus. According to Giorgio Giorgetti, the president of the Cameroonian loggers’ association...
inflation-the-ins-doubts-cameroon-will-meet-the-community-benchmark-due-to-the-covid-19
In its recent note on the change in the consumer prices in Cameroon, the National Institute of Statistics (INS) listed the factors that should influence...
anti-covid-19-drugs-and-tests-production-process-is-being-finalized-madeleine-tchuente-says
"The process of production of endogenous drugs, test kits, vaccines and other health equipment dedicated to the fight against Covid-19 is being...
cameroon-world-bank-grants-xaf44-bln-loan-to-empower-women
On May 28, 2020, World Bank Executive Directors approved a $376 million (over XAF221 billion) loan as the fourth additional financing for the...

Mags frontpage


Business in Cameroon n87: May 2020

Roads, dams, fiber optics, markets... Cameroon’s big projects toward integration


«Central Africa is facing enormous challenges» - AfDB


Investir au Cameroun n97 Mai 2020

Routes, barrages, fibre optique, marchés… Les grands chantiers camerounais de l’intégration


« L’Afrique centrale est confrontée à d’énormes défis » (BAD)