President Biya has ordered construction work to begin in the coming months of a second deep sea port in Limbe, Cameroon Concord has gathered from reliable government sources in Yaoundé the nation’s capital. Our source hinted that after the Kribi port project in the South of the country, the government wants to endow Cameroon with a second deepwater port. It will be located 20 kilometres from the district of Limbe, Fako division, South West region of the country.
A reliable but very flippant source at the Ministry of Economy and Regional Planning told our chief economic reporter that the total cost of financing the Limbe port project is estimated at 602 million US dollars. A Confirmation of the launch in the coming months of construction work at the Limbe port was made on January 15 in Yaoundé following proposals from Cameroon’s Korean partners that the Korean government is ready to begin construction of a multifunctional floating pier capable of accommodating ships of 20,000 tons at an estimated cost of US $ 35 million.
The Limbe port project has received proper consideration from Cameroon government officials following findings that the Douala port often faces water logging and silting. The project is expected to create 20,000 direct and indirect jobs. According to other sources, the payment of compensation to the affected population will be in the coming days. The project is integral with the Cameroon Development Vision 2035, which aims to make the country a hub port in the sub-region and the first industrial and modern area of free trade in West Africa.