Camtel to build twin tower in Yaounde

The hotel building which will host restaurants, a fitness centre, etc. is one of two ultra-modern towers to be built in the nation’s capital to the tune of FCFA 100 billion.

A giant project to build ultramodern twin towers in Yaounde has been announced by the Director General of Cameroon Telecommunications, Camtel.

David Nkoto Emane made the disclosure to the press recently, on the sidelines of the International Economic Conference in Yaounde. He said the twin towers will cost FCFA 100 billion and will have 25 floors each and will be located on the 20th May Boulevard.

A loan agreement for the construction of the edifices was signed with the American government on the sidelines of the International Conference held in May. It was, in fact, a financial convention worth FCFA 150 billion signed with the American company known as William F. Clark and Co. LIp.

One of the structures will serve as the new Camtel headquarters, and the other will host a hotel, restaurants, a fitness center, etc. The twin towers, which will be the first of their kind in the nation’s capital, will no doubt help in beautifying the city. In an interview with the press, David Nkoto Emane said:

“It is a very important project which we have been working on for two years now. The only problem we had was one of financing. Today, our American partner has accepted to finance this project evaluated at FCFA 100 billion, and which is not meant for Camtel alone.”

Yaounde city dwellers have been quick to welcome the idea of the project which, if well exploited, they say, will help raise sufficient revenue for the state-run telecommunications company which is reported to be in serious financial crisis.

They are also happy that the project is coming up at a time when more hotel and restaurant services are needed in Yaounde. The Camtel DG did not, however, say when construction works will begin.