Infos Business of Tuesday, 29 July 2014

Source: cameroon-tribune.cm

13.9 billion to improve access to drinking water in major cities

A financing agreement has been signed between Cameroon and the Belfius Bank of Belgium last Friday in Yaoundé.

Disturbances in the channels of distribution of drinking water in large cities of Cameroon and other priority centres are perhaps going to find a solution.

This is thanks to the rehabilitation project, strengthening and extension of systems for drinking water in 11 cities and priority centres.

The signing of the convention for the financing of the project took place last Friday between the Minister of the economy, planning and development of the territory (Minepat), Emmanuel Nganou Djoumessi and Daniel Feremans of the Belfius Bank of Belgium.

The total cost of this project financed by the Belfius Bank of Belgium in the form of buyer credit amounts to about 13.9 billion.

The ceremony took place in the presence of the Ambassador of the Kingdom of Belgium in Cameroon, H.E. Jan De Bruyne, the Minister of water and energy, Basile Atangana Kouna, president of Aspac International, Jacques Massart, and Executive Director of the Camwater, Jean William Sollo.

These works concern the following cities: Yaoundé, Douala, Garoua, Bafoussam, Bamenda, Nkongsamba, Maroua, Buea, Limbe, Akonolinga and Ambam. And it is based on improving the supply of drinking water with regards to the ever-growing demand of the population.

This is why this project will increase the provision of water through the installation of more than 200,000 meters of pipes of diameters ranging from 63 mm to 160 mm for the tertiary network, inducing the possibility of connecting additional 15,000 subscribers, and the rehabilitation of production facilities in some secondary centres.

On this occasion, Minepat did not fail to thank Belgium for the excellent bilateral relations between the two countries with the confidence of the Bank Belfius bonus. "Money is the basis of any consideration," said the Minister.

Emmanuel Nganou Djoumessi wished to see very quickly this project result by inviting, on the other hand, the CRC and the Camwater to enhance their collaboration in such a way 'a vacuum should never exist.

And Ambassador Jan De Bruyne wished full success to the realization of these works which will start in 2015.