Yaoundé seeking partners and 13.7 billion CFA francs loan to launch an urban transport company

The Urban Community of Yaoundé, the overall town hall of the Cameroonian capital, is planning to facilitate transport conditions for the 3 million inhabitants of the city by creating a new mass metropolitan transport company. The government’s delegate, Gilbert Tsimi Evouma, presented this project to investors gathered in Yaoundé from 17 to 18 May 2016, for the International Economic Conference.

A major asset of this FCfa 13.7 billion project, as highlighted by Gilbert Tsimi Evouna, a site and offices are already available to host this new company, meant to take over the premises of the defunct Société des Transports Urbains du Cameroun (Sotuc).

It is on this same site that the moribund company Le Bus is currently operating. A company created a few years ago as a joint-venture with American partners from Transnational Automotive Group (Taug), but which never managed to continue of the public company Sotuc. For some months now, the buses of the company Le Bus have been less visible on the roads of the capital city than on the premises of the company, which have now become a real scrap yard.

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