Cameroon contracts faces financing problems

A major highway project in Cameroon faces funding issues as China has suspended its financing for the Yaoundé - Douala link. The highway has an estimated cost of US$473.3 million and the project includes a 68km link between the country’s capital and its second city, as well as an additional 23km of link roads. The link is being built by China First Highway Engineering (Cfhec) with funding by Eximbank. However a disagreement between Cameroon and the Chinese has resulted in the funding being halted for a peri
May 25, 2017 Read time: 2 mins

A major highway project in Cameroon faces funding issues as China has suspended its financing for the Yaoundé - Douala link. The highway has an estimated cost of US$473.3 million and the project includes a 68km link between the country’s capital and its second city, as well as an additional 23km of link roads. The link is being built by China First Highway Engineering (Cfhec) with funding by Eximbank. However a disagreement between Cameroon and the Chinese has resulted in the funding being halted for a period of month, with the potential of time extensions to this. Part of the problem is that the Cameroon authorities opted to increase the speed limit on the highway from 100km/h planned by the Chinese designers to 110km/h in line with French speed limits. It is not clear how this dispute can be resolved at this stage.

Road Structures Finance & Funding

Related Content

January 27, 2023

A new asphalt plant in Cameroon

A Lintec CSM4000 containerised asphalt plant in Cameroon has helped with the construction of the country’s first-ever expressway linking its two largest cities, Douala and Yaoundé. The new route replaces an older roadway in use for over three decades that no longer met traffic needs.
March 25, 2019

Slow progress for Cameroon’s Yaoundé-Douala highway

Progress remains slow for the construction of the highway connecting Cameroon’s two largest cities, Douala and Yaoundé. The two cities are some 202km apart and the new route is intended to improve transport between Cameroon’s capital, Yaoundé, and its key commercial city and port, Douala. The existing National Road No3 linking the two cities currently suffers from heavy congestion and the new route will help alleviate the problem and cut journey times, boosting both capacity and safety. Around 30km of the
August 29, 2013

New Cameroon highway to connect key cities

A new highway will connect Cameroon’s key cities of Doula and Yaoundé. The 215km highway will be constructed by the Chinese contractor China First Highway Engineering, with the project costing an estimated US$579 million in all. Much of the financing for the project is being provided through a $491.5 million loan from the China Exim Bank. Scet Tunisie and Louis Berger have a partnership for the $8.36 million deal for project management of the first phase of the project, the 80km section from Yaoundé to Bot
boombox1

Highlighted Content

boombox2