China Road and Bridge Corp Cameroon land FCFA 1.7bn deals

The Urban and Rural Land Development and Servicing Mission (MAETUR in French), officially devoted to land preparation in Cameroon in order to facilitate public access to land, has just handed out two deals worth a total of 1.7 billion FCFA.

This was revealed by MAETUR Managing Director, Louis Roger Manga, in a release published on February 17, 2015.

Respectively worth 873.4 million and 898.2 million FCFA, the two land dredging and road construction deals are parts of the 2nd and 3rd tranches of the first phase of construction for low-income housing in the Olembé district of the Cameroonian capital.

MAETUR’s Managing Director stated that the project is slated to last 8 months.