Cameroon: Several options for financing highway projects in Central Africa

21 October 2009

Meeting on the financing of highway projects in Central Africa: Cameroon hosted a forum in Douala on 13 and 14 October which brought together experts from the United Nations Economic Commission for Africa (ECA).

The aim was to find solutions for financing the upgrading of highway infrastructures in Central Africa.

The participants looked at a number of options on offer from development partners and fund providers for financing a master plan for Central Africa with the aim of reducing costs and deficits.

This plan comprises 55 projects covering land, sea, and air, with a financing requirement of 16.4 million Dollars.

According to the representative of Cameroon’s Minister of Public Works, Dieudonné Zonou, the plan should “make it possible in the short term to travel on an asphalted road from one capital to another, and in the middle term allow for a framework of consensus to be achieved in the Sub-region for negotiations to take place with a view to mobilizing the financial resources necessary for investments in this sector.”<br/>