Cameroon: Stecy SA to takeover Le Bus in providing Inter Urban Transportation In Yaounde

Société de transports et équipements collectifs de Yaoundé (Stecy SA). This will be the name of the new company in charge of mass bus transport in the city of Yaoundé, the Cameroonian capital, we learned from official sources.

The activities of Stecy, which should have started prior to the ongoing 2016 women's AfCON, were postponed after this deadline due to delays in administrative procedures, the general management of this company announced.

Result of the public-private partnership between the Portuguese group Eximtrans Sarl/Irmaos Mota and the Urban Community of Yaoundé, the mayor office covering the whole capital; Stecy SA will replace on the Yaoundé roads the consortium gathering public Cameroonian institutions and the American group Parker International Industries.

 “Le Bus”, the company created through this first partnership signed in 2005, went bankrupt several months ago, and its 600 employees on a redundancy plan.