Phase II of the ongoing construction of the road between Yaounde and Douala to be executed by another Chinese firm

phase-ii-of-the-ongoing-construction-of-the-road-between-yaounde-and-douala-to-be-executed-by-another-chinese-firm

All things being equal, Phase II of the ongoing construction of a double-carriage (express) road between Yaounde and Douala will be carried out by another Chinese firm, but this time around on a new model – Build-Operate-Transfer (BOT), within the Public-Private Partnership Framework. This entails mobilising the funds, executing the project and running it for sometime before handing it over to government.{loadposition myposition}

Authorities of Poly Group Corporation told Cameroon Tribune at its headquarters in Chinese capital, Beijing, recently during a presentation of the multifaceted outfit to African journalists that the project constitutes one of the hallmarks of the excellent Sino-Cameroonian relations. Sources in the company monitoring the project disclosed that in less than two weeks (from last week), they would finalise pre-feasibility studies and forward them to Cameroon’s Ministry of Public Works. This will pave the way for procurement modalities to begin.

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