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

  • The March of the Urban Low-emission Zone
    April 17, 2018
    Europe’s political patchwork is getting a low-emission zone overlap, according to Malcolm Kent* By now, pretty much everybody in the industry will be aware of the Low Emission Zone in London, UK. But awareness of similar European zones about to start or expand might be more patchy. The background to all of these schemes is the problem of air quality, particularly European Union rules setting limits on acceptable pollution levels. It was found some years ago that several member states’ cities, including
    Read More
  • Chile’s crowded roads face further congestion
    June 21, 2017
    Road congestion is a growing problem in Chile as the country’s vehicle fleet is fast outstripping road capacity. In 15 of the county’s major urban areas, the vehicle fleet is growing 10 times quicker than the rate of road construction.
    Read More
  • GNSS road pricing a step closer
    April 12, 2012
    IRF BPC bringing GNSS-based road pricing a step closer to maturity. Today, road transport faces major challenges such as the ever-increasing need for safety, as well as for reduced congestion and pollution. These problems are particularly critical in highly populated zones, notably big cities and their surrounding areas. Different schemes are being proposed to improve the situation, including road pricing systems to automatically charge drivers for their use of road infrastructures.
    Read More
  • GNSS road pricing a step closer
    February 23, 2012
    GNSS road pricing a step closer. Today, road transport faces major challenges such as the ever-increasing need for safety, as well as for reduced congestion and pollution.
    Read More

Highlighted Content