Phase II of the ongoing construction of the road between Yaounde and Douala to be executed by another Chinese firm
All things being equal, Phase II of the ongoing construction of a double-carriage (express) road between Yaounde and Douala will be carried out by another Chinese firm, but this time around on a new model - Build-Operate-Transfer (BOT), within the Public-Private Partnership Framework. This entails mobilising the funds, executing the project and running it for sometime before handing it over to government.
Authorities of Poly Group Corporation told Cameroon Tribune at its headquarters in Chinese capital, Beijing, recently during a presentation of the multifaceted outfit to African journalists that the project constitutes one of the hallmarks of the excellent Sino-Cameroonian relations. Sources in the company monitoring the project disclosed that in less than two weeks (from last week), they would finalise pre-feasibility studies and forward them to Cameroon's Ministry of Public Works. This will pave the way for procurement modalities to begin.
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- Rita Akana
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