logoBC
Yaoundé - 15 December 2018 -
Transport

Cameroon: Port of Limbé will allow the export 50,000 tonnes of agricultural produce starting in 2017

Cameroon: Port of Limbé will allow the export 50,000 tonnes of agricultural produce starting in 2017
  • Comments   -   Friday, 05 June 2015 07:06

(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.”

Mags frontpage


Business in Cameroon n69: November 2018

Cameroon’s finance sector goes through rapid digitalization

Cashew, a sector with great potential, both for revenues and job creation



Investir au Cameroun n79: Novembre 2018

Le secteur financier camerounais se digitalise à grande vitesse

L’anacarde, un vaste potentiel de revenus et d’emplois