logoBC
Yaoundé - 20 April 2024 -
Transport

Only 20% of cargoes handled by the container terminal of the port of Douala go to CAR and Chad

Only 20% of cargoes handled by the container terminal of the port of Douala go to CAR and Chad
  • Comments   -   Thursday, 11 October 2018 19:40

(Business in Cameroon) - The distribution of the volume of goods handled by the container terminal of the port of Douala showed that 80% are domestic, while only 20% go to Chad and the Central African Republic (CAR). This was revealed by Frederik Klinke (photo), Managing Director of Douala International Terminal (DIT), a company controlled by Bolloré-APM Terminals, during an interview with Défis Actuels.

According to him, this figure which reflects a decrease in volumes to the two hinterland countries is the result of a decline in the prices of oil and other commodities during 2015 and 2016, across the entire CEMAC region.

Yet, overall import-export activities of CAR and Chadian economic operators have been declining on the Douala port platform in recent years. A decline by more than 50% has been observed, according to the managers of the Port Autonome de Douala (PAD), the public company in charge of the port management. They explained that many Central African and Chadian economic operators have redirected activities to the ports of Cotonou (Benin) and Port Sudan (Sudan), due to the hassles at the port of Douala and on the Douala-N'djamena and Douala-Bangui corridors.

BRM 

api-signs-key-agreements-to-boost-investor-access-to-economic-zones
The Investment Promotion Agency (API) reached two Memorandums of Understanding with the Port Authority of Kribi (PAK) and the Mission for the Development...
cameroun-repays-cfa39-8bn-debt-with-new-borrowings
On April 17, Cameroon reimbursed CFA39.8 billion on the public securities market of the Central African States Bank (BEAC). Renowned for its solvency...
cemac-raises-cfa4-336tn-in-2023-public-securities-cfa2-5tn-less-than-waemu
In 2023, the six Cemac countries collectively raised CFA4,336.3 billion on the public securities market of the Central African States Bank (Beac),...
cameroon-minister-urges-african-restaurants-to-unite-on-geographic-indications
Fuh Calistus Gentry, the interim Minister of Mines, Industry, and Technological Development, and Country Director of the African Intellectual Property...

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 »