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Kribi-Cameroon:Government Awards Chinese Firm Approval to Develop Coastal Beach

Cameroon awards  Chinese company Tianyuan Constructions Group Ltd, a contract for the development and electrification of the Ngoye beach in the sea resort of Kribi, in the South of the country. This contract will be executed, we officially learned, within a period of 8 and a half months, starting from the notification date of the contract to the winning company.

Of a total amount of FCfa 2.6 billion, the development and electrification works on the Ngoye beach will be undertaken as part of the Competitive Value Chains Project (PCFC), led by the Competitiveness Committee, of which the Cameroonian Ministry of Economy is in charge.

 

With a funding of FCfa 15 billion from the World Bank, over a 6-year period, the goal of PCFC is to contribute to the growth of the wood processing and ecotourism sectors in Cameroon, through investments and direct funding from operators. Based on training and reforms, PCFC also aims to improve the competitiveness and business environment in said sectors.

The development of the Ngoye beach is until now the high point of PCFC in the ecotourism sector. In this project, we learned from credible sources, are also scheduled actions such as "the development of the ecotourism area around the city of Buea (South-West Cameroon, Ed.) and the development of gorilla tourism in the Campo Ma'an national park", located in the south.

These past years, it was the logging industry which garnered most attention in this Project, with notably the still-awaited implementation of two wood clusters in the Eastern logging region and a suburb of Yaoundé, the capital of the country.

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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