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

  • Bulgaria plans for operating road infrastructure
    February 21, 2012
    There is a lot of work to do on Bulgarian roads, but the government has plans to increase the length of highways built each year as Krasimir Krastanov reports. Bulgarian roads with a pavement make up 98.4% of all the country's roads, while 92.5% of them have an asphalt surface and 82.8% of them are able to carry 10tonnes/axle.
    Read More
  • Legal issues over Brazilian highway
    August 9, 2012
    A complex legal tangle is surrounding Brazil’s BR-101 highway concession. The signing of the concession deal was suspended following the issue of two separate injunctions by the country’s legal authorities. These injunctions also delayed bidding that had been planned by the ANTT, Brazil's National Authority for Terrestrial Transport. The concession for the BR-101 highway was originally won in January 2012 by with a bid that was lower than the minimum set by the Brazilian Government.
    Read More
  • Kazakhstan’s London road show woos consortia for Almaty ring road
    March 2, 2015
    Kazak and EBRD officials visited London to highlight the possibility of a public-private partnership under the country’s revised PPP legal framework. David Arminas reports. To build a road, you go on the road, and that is what Kazakhstan did in London in mid-December. Representatives of more than 100 organisations, a mix of construction companies and financial institutions, attended the roadshow-style presentation to attract foreign capital for BAKAD, the Almaty Ring Road Concession. The message was that Ka
    Read More
  • The cost of crashes in the US
    May 25, 2023
    The financial cost of road crashes in the US places a heavy burden
    Read More

Highlighted Content