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Infos Business of Saturday, 30 August 2014

Source: Investir au Cameroun

Douala Port to embark on 5-months auction sales

Cameroon customs administration have organized from August 27, 2014 until 20 December 2014 a vast operation of auctions of products abandoned by importers at the port of Douala, which has taken up space at the port, contributing to congestion for several months.

Indeed, in addition to a cargo of cement imported and financed by Crédit foncier du Cameroun (CFC) abandoned at the port of Douala since January 2010, the port area, we learn, has been transformed into a store by many importers, who have a maximum of 11 days within which they must clear their goods from the port.

With regards to this, in a communiqué dated August 14, 2014, Douala International Terminal (DIT), the concessionaire of the container terminal has, revealed that "the efforts to improve and return to normal have been slowed down by the bottlenecks created by the large number of containers abandoned by importers, for more than 90 days at the terminal (more than 1,800 TEUs).', Also, there are a number of containers for local businesses which have been at the terminal for more than 30 days.