(Business in Cameroon) - Once completed, the Limbé deep water port, built in the South-West region of Cameroon by a Cameroonian-Korean consortium LIPID, will enable the annual export of 50,000 tonnes of agricultural produce starting in 2017, states the final report of the project study, therefore some conclusions were revealed on May 26, 2015 in Yaoundé. The volume of agricultural product exports should reach 60,000 tonnes starting in 2020.
LIPID heads had “proposed that the Cameroonian government start by building a multipurpose floating jetty capable of receiving 20,000-tonne ships. It is estimated to cost at around 35 million dollars (17.5 billion FCFA).” This option should allow the port to be operational in six months.
An investment totalling over 300 billion FCFA (602 million dollars), the future deep water port of Limbé, “will specialise in the transportation of heavy products such as hydrocarbons, cement, containers and other agricultural products.”