Use our pull-down menus to find more stories
  


OR subscribers use AllAfrica's premium search engine


Click here to read or make comments on this topic »

Cameroon: Nation Markets its Deep Sea Port


Cameroon Tribune (Yaoundé)
 

Email This Page

Print This Page

Comment on this article

View comments

Cameroon Tribune (Yaoundé)

9 May 2008
Posted to the web 9 May 2008

Lukong Pius Nyuylime

For two days running beginning yesterday, stakeholders of the Kribi Deep Sea Port will direct their interest, and that is normal, on the socio-economic importance of the project.

At the opening ceremony yesterday, it was evident that no financier will accept to cough out a franc for the financing of the project without knowing properly what it will give. From the look of things, almost all donor organisations will develop interest on the project judging from the early reactions after the bird's eye presentation of the five members of government who mounted the rostrum at the Hilton.

"We are interested in infrastructure construction and based on our experience in sea port construction; we think that the Kribi Deep Sea Port is of interest to us", Xu Jifei, Senior Engineer and Deputy General Manager of the China National electric Equipment Corporation, said in one of the reactions. This statement seemed to have drawn inspiration from the five presentations of the five members of government; Minister of Finance, Essimi Menye, Minister of Public Works, Bernard Messengue Avom, Minister of Industries, Mines and Technological Development, Badel Ndanga Ndinga, Minister of Transport, Gounoko Haounaye and Minister of the Economy, Planning and Regional Development, Louis Paul Motaze.

Relevant Links

The project which is estimated at CFA 280 billion is government initiated and dates as far back as the 1980s. It has as motivation to develop the country towards the exploitation of ore resources, notably bauxite, Iron, Cobalt and Nickel; satisfy the constant need of Cameroon to have a Deep Sea Port, the necessity for the sub-region to have a container off-shore terminal and a transhipment as well as goods distribution platform from Senegal to Namibia. The project equally sets out to realise a development corridor for Kribi (Cameroon), Bangui (Central African Republic), Kisangani (DR Congo), and the Equatorial Guinea, Gabon, Congo stretches.

The Kribi Deep Sea Port has two main traffics, merchandise, notably: industrial, container, timber, hydrocarbons and cereal traffics. The second traffic concerns ships and essentially vessel traffic. According to the technical studies of the project, the Kribi Deep Sea Port to be built at Grand batanga south of Kribi town, has an inherent profitability rate of 11.5 to 16.3 per cent.

The Minister of Public works' presentation yesterday underscored the importance of developing road project to enhance the activities of the Deep Sea Port. The major roads to be constructed or rehabilitated include: the Kribi-Yaounde-Ngaoundere-N'Djamena road, Kribi-Yaounde-Bertoua-Bangui, Kribi-Ebolowa-Sangmelima-Mintom-Ouesso-Brazzaville and Mintom-Nola-Bangui-Kisangani. Other supporting projects to be developed include: railways, energy, urban development, and rehabilitation of industrial areas.


Recent comments on Cameroon: Nation Markets its Deep Sea Port. Click here to write your own.
Author: eb3p

NO SEAPORT FOR VICTORIA, NO MORE SHIPS COMING TO BOTA AND TIKO, , THEY STOPPED COMING SINCE 1961, THE YEARS LA REPUBLIQUE DU CAMEROUN MOVED ITS MILITARY ACCROSS INTERNATIONAL BORDERS INTO AMBAZONIA. AFTER 47 YEARS, ALL WHAT THESE 11M FRENCH NEGORES HAD BEEN DOING IS INTIMIDATION, SURPREESION, OPPRESSION, EXPLOITATION, RAPE, DESTRUCTION, HATRED, GENOCIDE, ETC. IN AMBAZONIA. LIES IS... [Read Full Text]


AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.

 
Share this on:
Facebook
Digg
Del.icio.us
StumbleUpon
Muti


Copyright © 2008 Cameroon Tribune. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections -- or for permission to republish or make other authorized use of this material, click here.

Make allAfrica.com your home page | RSS Feed

Top | Site Guide | Who We Are | Advertising | Search | Subscribe

Questions or Comments? Contact us. Read our Privacy Statement.

HOME
allAfrica.com


Relevant Links




Mystery Surrounds Country Settling $700 Million Debt
Private Investment Not Enough for Green Revolution
Government Bans Rice Exports
EPZ Firms Lack Competitive Edge
Export Controls Curtail Aid for Hungry Neighbours