Diaspora News of Wednesday, 7 May 2014

Source: Cameroon Tribune

Cameroon’s investment potentials presented in London

Prime Minister Philemon Yang led the Cameroonian delegation to the United Kingdom-Cameroon Trade and Investment Forum 2014.

Investors and company executives in the United Kingdom once more fully understand the trade and investment opportunities Cameroon offers. This is thanks to the 2014 edition of the first- ever United Kingdom-Cameroon Trade and Investment Forum that took place in London, yesterday, May 7, 2014.

Press reports state that the event is organized by the governments of Cameroon, United Kingdom and Developing Markets Associates.

Cameroon’s Prime Minister, Head of Government, Philemon Yang led a delegation of about 150 officials to the forum that are comprised of cabinet ministers, senior officials of some companies, private sector and other experts that helped to enlighten the United Kingdom investors on the need to trade with and set up their enterprises in Cameroon. He used the keynote opening address to present the country’s potentials stating, stating that it was a follow up to the United Kingdom-Cameroon Joint Commission that took place in London in 2013, the CRTV reported.

Press reports stated that Cameroon’s cabinet ministers presented the opportunities in their areas of competences. After the introductory speeches, the trade and investment climate and conditions in Cameroon were presented to the potential investors. This was thanks to presentations on Cameroon’s Economic Outlook and Overview. This was to set the pace for other presentations in specific areas of interest. The three areas in which British investors will after the forum meditate on for consideration includes infrastructure and energy, extractives and agriculture and key sectors.

The forum served as an excellent opportunity to network with some of the key stakeholders in the country’s future development. This explains why yesterday’s programme was spiced with a networking lunch and gala networking reception.