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UCCAO Cameroun to invest FCfa 400 million in coffee production

Union Centrale des Coopératives Agricoles de l’Ouest (UCCAO – Central Union of Western Agricultural Cooperatives), one of the most important coffee producers’ group in Cameroon, is planning to invest FCfa 400 million to upgrade its roasting and ground coffee production plant, we officially learned.

To achieve this, this cooperative society just signed with the Cameroonian government an agreement enabling it to profit from the customs and tax incentives provided in the 2013 law on promoting private investment in Cameroon. A text which offers exemptions of 5 to 10 years, during the installation as well as the production for the benefitting companies.

With its range of ground coffees, UCCAO is one of the flag-bearers of the Cameroonian coffee on the international market. This cooperative society for example won the “Gourmet d’or” during the international origin roasted coffees competition organised in June 2015 in Paris, the French capital.

BIC

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Cameroon Concord  is an online publication covering and reporting on  local and world news, sports, entertainment, politics, business, and religious news. Serving Cameroonians .

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