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Cameroon: Government to invest CFA60bn in Downbeach restructuring, Limbé I

Cameroon: Government to invest CFA60bn in Downbeach restructuring, Limbé I
  • Comments   -   Wednesday, 12 December 2018 14:04

(Business in Cameroon) - The Delegate to the Minister in charge of the Economy, Paul Tasong, chaired December 11 a workshop in Limbe, southwest region, to present and validate the institutional framework of the “Limbe Left Bank Maritime Development Project”.

The latter, the minister says, is a restructuring project for the “Downbeach” area, located in the Limbé l district. The XAF60-billion facility is an ambitious project deployed over 36 hectares.

Government plans, in the coming months, to build, among other things, a 4,000-seat congress center, a museum, a hotel complex with 200 rooms and 20 suites, a 400-seat pile-supported restaurant, a nautical and leisure center, etc.

The project aims at giving a new face to Limbe, a city with enormous potential. It will ensure that the culture of Limbe can be more fully expressed and that the city weighs more in Cameroon's economy,” said Paul Tasong. Yet the time works will start was not indicated nor is the project’s financing vehicle.   

S.A

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