Japan provides financial support for electrification project in Cameroon
7 March 2011
Japan has signed a financing agreement to the value of 17 billion FCFA, destined for a project to reinforce electrical infrastructures and for rural electrification in Cameroon, in Yaoundé on March 4.
This project will create approximately 332,000 connections and supply electricity to over 1.5 million residents of Cameroon through the construction of transformers and low and high voltage lines.
The total cost of this project will come to 44.54 billion FCFA ($94.97 million).
This amount will come not only from the Japanese contribution, but also from the ADB, in the amount of 23.91 billion FCFA, as well as from the Cameroonian government itself, in the amount of 4.53 billion FCFA.
Signed by Racine Kane, representative of the ADB in Cameroon, Mitsutaka Uchijima, representative of the Japanese International Cooperation Agency, and Michael Ngako Tomdio, minister for Energy and Water, this agreement will also provide assistance, among other things, for the supply of drinking water.