Cameroon road construction project commencing

A key road construction project in Cameroon is now commencing.
By MJ Woof May 26, 2020 Read time: 1 min
Work is being carried out to improve a road connection in Southern Cameroon - image © courtesy of Rosevite2000, Dreamstime.com


Work is starting on an important road link in Cameroon. An Italian contractor, ICM-Construction, is handling the project.

The plan is to improve the 179km route connecting Kribi, on the coast in South Cameroon, with Ebolowa, which lies inland. This road project is costing an estimated US$225.6 million.

Funding is being provided by the Standard Chartered Bank as well as the UK export credit agency, UKEF. Improving this road link is expected to take three years to complete.

The town of Ebolowa is the capital of Cameroon’s South Region. Meanwhile Kribi is a busy resort town in the south of the country. Improving the road link will help develop the country’s tourist trade.

Finance & Funding

Related Content

  • New Ganga River crossing for India
    June 12, 2018
    A new bridge crossing is being planned for the River Ganges in northern India. The bridge will be 9.9km long and will cost US$291 million to build, with completion scheduled for late 2021. The bridge will carry three lanes in either direction and will be built at Allahabad, the confluence of the Ganges and its tributary, the Yamuna River. At present the existing Phaphamu Bridge at Allahabad is congested as it features just two lanes. The new bridge will help to improve transport to the important religious a
    Read More
  • EBRD funding for St Petersburg project?
    April 27, 2012
    The European Bank for Reconstruction and Development (EBRD) intends to provide a US$277 million (€200 million) loan to the Northern Capital Highway consortium, which will build the central 11.5km section of St Petersburg’s Western High Speed Diameter (WHSD) route. The EBRD’s board of directors has said will consider the loan on 14th February 2012. The finance package is of note as Russian road projects have largely found funds from other sources so far. The Northern Capital Highway consortium estimates the
    Read More
  • Costa Rica construction contracts
    May 22, 2020
    Costa Rica construction contracts are facing challenges.
    Read More
  • Italian funding to complete Angolan highway
    July 23, 2014
    Work on Angola’s Luanda-Soyo highway section is being financed from Italian sources. The Italian export credit agency and credit insurer SACE is guaranteeing a US$221.8 million credit line to Angola's Ministry of Finance for completing works on the final stretch of the Luanda-Soyo highway. The work on the project is being carried out by Italian civil engineering firm CMC Ravenna. The project itself is worth some $336.8 million. Meanwhile BNP Paribas is acting as Sole Structuring Bank and Agent Bank for the
    Read More

Highlighted Content