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

  • Poland's big transport plans
    July 6, 2012
    The European Investment Bank (EIB) looks likely to grant Poland a loan of €1.6 billion to carry out several key infrastructure projects. Some of the money will be used to finance the A2 highway from Lodz to Warsaw; Warsaw's southern ring road and a 50km section of the A4 highway to link with Germany.
    Read More
  • Managing urban motorway complexity in Sydney
    October 4, 2012
    Sydney’s Hills M2 motorway is being widened while still carrying traffic and meeting tough environmental criteria More than 100,000 vehicles and over 27,000 bus commuters use the Hills M2 motorway on a typical workday, making it one of Sydney’s busiest motorway corridors. Owned and managed by Hills Motorway Ltd (HML) and a key part of the city’s orbital motorway network, the road stretches over 21km, providing a seamless link between the Lane Cove Tunnel and Westlink M7. The Hills M2 Upgrade is one of many
    Read More
  • Brazil-Paraguay bridge contract attracts interest
    April 13, 2020
    Strong interest is being seen in the design contract for a new bridge connecting Brazil and Paraguay.
    Read More
  • Weighty matters for developing countries
    November 6, 2012
    One leading Weigh in Motion technology manufacturer is helping governments in developing countries reduce excessive road damage, while several others have seen their latest WIM systems recently used on the highways of Eastern Europe. Guy Woodford reports Recent Central Weighing WIM installations in Bangladesh are helping its national government reduce the financial burden of excessive road damage, while also protecting many bridges that are vital to transport and trade. The need for such installations was e
    Read More

Highlighted Content