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

  • Rebuilding a historic bridge linking the US and Canada
    March 8, 2016
    While many road authorities in North America are finding it difficult to stretch their bridge assets beyond half a century, one bridge is closing in on its centenary - David Arminas reports The international Peace Bridge, connecting the Canadian province of Ontario with the US state of New York, is 88 years young this year, and still going strong.
    Read More
  • Kyrgyzstan road contract
    September 15, 2022
    Kyrgyzstan’s important road project is being planned.
    Read More
  • Widening and upgrade for highway in Nicaragua’s capital
    January 27, 2017
    Nicaragua is continuing to develop its highway network, this time with a major project planned for the capital, Managua. A loan worth close to US$107.5 million from the Central American Bank for Economic Integration (CABEI) is to help pay for the project. The work calls for the upgrade and widening of the Pista Juan Pablo II route running through Managua. The 9.55km stretch of road will benefit from three additional lanes, helping to boost capacity and reduce congestion and delays at peak periods. Safety pr
    Read More
  • Show me the money at Australian Summit
    September 4, 2012
    The question of how to finance and fund major road infrastructure projects in Australia – including the potential role of user-pays charging as a funding solution – was top of mind at the recent Roads Australia National Summit in Sydney. The two-day summit, organised by peak national body Roads Australia, is the largest and most influential annual gathering of industry decision-makers in the country. This year’s summit was held against a backdrop of concern over the future of a raft of major road projects t
    Read More

Highlighted Content