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

  • Brazil Tamoio highway and São Sebastião tunnel work
    July 5, 2016
    Brazil’s Tamoio Highway and São Sebastião tunnel construction is of major importance – Mauro Nogarin reports. The modernisation and expansion of Brazil’s Tamoio highway is a major project for Brazil. The project has an estimated cost of $1.5 billion and work on the first section from Planalto was completed in January 2014, costing around $350 million. The project is being managed by the state-owned agency DERSA, which deals with road development. According to the concessionaire for the Tamoios highway p
    Read More
  • A key section of highway is now open in Romania
    July 26, 2012
    In Romania the northern section of the bypass around the city of Constanta is open to traffic. The bypass forms part of the Pan-European Road Corridor IV and work on this section was financed by the European Bank for reconstruction and Development (EBRD). The southern stretch of the 23km bypass was completed in 2011. Now it is complete, the bypass will carry heavy port traffic away from Constanta. It will also provide a free-flowing route for tourist traffic from Romanian capital Bucharest and the north of
    Read More
  • Airport runway rebuild at Bologna
    May 15, 2019
    Rebuilding a runway requires special attention to detail to maximise efficiency and safety Airport runways face special challenges with regard to the loads they carry on a daily basis, particularly when aircraft are landing. A modern jet aircraft will typically land at speeds of around 240-260km/h, with a laden 747 weighing as much as 265tonnes at the end of a long flight. The stresses these large aircraft place on runway surfaces are enormous and not just with the massive impact forces exerted during
    Read More
  • Norway’s E18 Lysaker-to-Ramstadsletta project faces funding issue
    December 20, 2018
    A lack of financing is jeopardising construction of the new E18 highway between Lysaker and Asker on the outskirts of Oslo. Media reports say that the Norwegian Road Administration (Statens Vegvesen) has received no funding for the project that is scheduled to start next year. The first phase of the project, between Lysaker and Ramstadsletta, has been scheduled for 2019-2024. Around 90,000 vehicles use the existing E18 road, a local thoroughfare. The new E18 will include cycle paths, pedestrian ways a
    Read More

Highlighted Content