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Phase 2 of the highway project between Yaoundé and Douala: The overall budget amounts to 1,072 billion FCFA

15/04/2025
Source : ORISHAS FINANCE
Categories: Sectors

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The Cameroonian government plans to mobilize several sources of funding for the second phase of the highway project between Yaoundé and Douala. The overall envelope amounts to 1,072 billion FCFA including VAT, or approximately 899.3 billion

FCFA excluding taxes.

Negotiations are open with Standard Chartered Bank of London and Exim Bank of China to provide loans, which will be complemented by financial participation from the Cameroonian State. The financial envelope of 1,072 billion FCFA including VAT sought will cover the construction of 141 km of main highway and nearly 40 km of connection ramps, according to official estimates. The Ministry of Public Works indicates that it expects, by next June, the Prime Minister to sign the compensation decree for the first 32 kilometers of the route.

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