30, March 2017
French Cameroun: Another Biya committee holds session 0
The Biya regime has come up with a new style of governance which is that of creating committees. Correspondingly, members of the Finance Committee charged in putting in place the reforms of the Public Finances in the country began meeting this Tuesday 28 th March 2017 in Yaoundé. The 7th ordinary session focused on the relevance of reforms on results oriented for the country’s sustainable growth is being chaired by the Minister of Finance, Alamine Ousman Mey.
At the opening session he restated that the reforms of public finance will be based on the 2035 vision, the impact of climate change, gender equality and national debt strategy which focuses on growth, employment and good governance.
This will be carried out through Coordinate planning, programming, budgeting and evaluation; material and human resources will also be mobilized and used efficiently so to accomplish the goal. Mr. Alamine further emphasized the need for joint efforts by government, private sector, technical and financial partners.
Culled from CRTV
2, April 2017
French Cameroun: Kribi CPDM Port still not operational 1
The political port created by the Biya Francophone government in Kribi at the expense of that in Limbe has still not gone operational. Cameroon Concord News understands the infrastructure of the Kribi port is technically ready to be exploited for months now but delays exist at the level of the award of contracts for the management of the multipurpose terminals and containers.
Recognized by the State of Cameroon, the Dutch company Smit Lamnaco, the contractor for the towing and landing contract, signed its agreement since the 2nd of February 2015. The consortia Necotrans-KPMO (polyvalent terminal) and Bolloré-CMA CGM-CHEC (Container terminal), both were recruited since August 2015 and continue to wait for the government’s anointing to enter service on their respective terminals.
However, heavy equipment that were procured by the CPDM government for the Autonomous Port of Kribi continue to rust. The two tugs acquired and received by the State of Cameroon since 2014 will be sent for technical revision in the coming days, as they have long been stagnant at the port.
Built by the Chinese company CHEC, thanks to financing from Eximbank China, the deep water port of Kribi has 650 m of platforms, of which 350 m for the container terminal and 265,5 m for the multipurpose terminal. The two terminals have respective capacity of 300,000 Equivalent Unit (TEU) per year and 1.2 million tonnes per year.
The second phase of construction of this white elephant scheme includes the extension of the 700 m container terminal to 1050 m, as well as the construction of mineral and hydrocarbon terminals. With a 15.5 m channel, this port infrastructure, which will accommodate ships with a draft of 16m, is presented by experts as the best on the West African coast.
By Sama Ernest