Canadian investors are looking for business opportunities in the Cameroon transport sector

(Business in Cameroon) – Officials from Cima International, ConsultRail International and the Association Québécoise du Transport have just been received for an audience at the Ministry of Transport. Accompanied by the Canadian High Commissioner to Cameroon, René Cremonese, these Canadian investors, we learned, demonstrated to the Cameroonian authorities their desire to offer services in the field of transport in general.

Specifically, this involves the provision of services, training and engineering studies in land, sea, air and rail transport. These are all areas in which the Cameroonian state is currently implementing numerous projects.

This applies to projects for the construction of new railway lines within the framework of the national railway plan, for the construction of deep-water ports in Limbé and Kribi, for the construction of the Yaoundé-Nsimalen, Yaoundé-Douala, Edéa-Kribi lines or the implementation of the rehabilitation plan for Camair Co, the state airline.

As a reminder, the then High Commissioner of Canada to Cameroon, Benoît-Pierre Lamarée, revealed in his speech during the 2nd edition of PMExchange (the great mass of Cameroonian SMEs) in Douala in December 2013 that trade between the two countries increased from 18 to 25 .5 billion CFA francs between 2010 and 2012, an increase of 41.6%. According to this Canadian diplomat, these trading exchanges are more dynamic in the areas of agri-food, pharmaceutical, infrastructure and mining, mechanical equipment, textiles, wood and its derivatives, etc.

also read

March 17, 2014 – Cameroon and Canada sign an agreement for the promotion and mutual protection of investors

September 11, 2014 – Cameroon attracts attention from investors from Canada and Quebec

May 26, 2015 – Crédit Foncier du Cameroun launches a commercial offensive Canada

Tyrone Hodgson

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