Bank Atlantic Cameroon and the Moroccan group "Alliances", gathered in a consortium, signed a memorandum of understanding with the State of Cameroon for the partial construction of infrastructure under the Emergency Plan for the acceleration of economic growth in Cameroon.

The Protocol Agreement, amounting to 3.2 billion dirhams (190 billion CFAF), funded by the Bank Atlantic, bears specific sites: -Rehabilitation and equipment of the technical platform of General Hospital of Yaoundé, Douala, as well as the University of Yaoundé and the Hospital Centre, -Design, construction and equipment of eight regional hospitals; -The design and construction of 800 social housing (at the rate of 100 units by town and region) as well as several socio-cultural facilities: schools, supermarkets, offices, businesses, among others.

Mohamed Alami Lazrak, CEO of the Alliances group, assisted by Léon Koffi Konan, CEO of the Atlantic Bank Group in Cameroon, partner of group Alliances, and the Ambassador of Morocco to Cameroon, Lahcen Saile, were received Friday in the unity Palace to expose their program to the head of State.

Group Alliances, partner of Atlantic Bank Cameroon, is an expert in studies and accomplishments approach, construction of social housing and high standing and road infrastructure. It has 12 000 social housing units in Morocco, 7800 in Côte d'Ivoire and 1600 Km of motorway in Morocco.

Atlantic Bank Group is established in seven African countries and France. Its major shareholder is the people's Central Bank.