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Cameroon Procurement News Notice - 55116


Procurement News Notice

PNN 55116
Work Detail Cameroon’s road investments are expanding the country’s road network. Cameroon’s Government is investing heavily in expanding the country’s network. The Ministry of Public Works is looking to set a budget of close to US$960 million for road works in 2024, a significant increase from the $828.5 million in 2023. This budget will allow for maintenance and upgrade works to existing routes, while also allowing for new road construction. The Cameroon Government intends to extend the country’s road network by 121% in the next 13 years. Improving road connections will help boost the countrys economy by making the transportation goods easier. Meanwhile, an $81.2 million loan from the African Development Bank (AfDB) will help pay for a new bridge spanning the Ntem River, improving the transport connection between Campo in South-West Cameroon and neighbouring Equatorial Guinea. This is the latest of a series of finance packages from the AfDB aimed at transport works for Cameroon. And a new bridge will be built to span the Nyong River by China First Highway Engineering Company (CFHEC). The project is costing $14.5 million and it will take three years to complete the 160m bridge, which will be constructed from steel and concrete.
Country Cameroon , Central Africa
Industry Construction
Entry Date 15 Dec 2023
Source https://www.worldhighways.com/wh8/news/cameroons-road-investments-growing-road-network

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