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Infos Business of Tuesday, 21 July 2015

Source: Business in Cameroon

Camrail to receive five new trains by September 2015

Robert Nkili, Minister of Transport Robert Nkili, Minister of Transport

In the third quarter of 2015, Cameroon Railways (Camrail) is to receive five new trains while five others will be delivered in 2016 by the South African company Grindrod. The announcement about these new acquisitions was made on 16th July 2015 in Douala at “inspection visit” paid by Cameroonian Transportation Minister, Robert Nkili.

Besides the revelation about these acquisitions, which are intended to boost the transportation capacities of French group Bolloré’s subidiary, the Cameroonian rail company also presented recently acquired equipment intended to secure rail travel.

These investments are a part of the No. 2 amendment to the concession with the Cameroonian government, which provides 230 billion FCFA worth of investments for the 2009-2020 period, of which 158 billion will be paid by the concessionaire. From this point of view, for 2015, Camrail plans to invest 22 billion FCFA to improve its equipment.