In 2024, Cameroon’s Jointly Financed Road Projects Unit awarded 35 contracts totaling CFA72.9 billion, with an execution rate of 87.5%. The budget was revised down to CFA201 billion from CFA289 billion. Key projects progressed, with road studies completed and extensive rehabilitation and upgrades undertaken, including Yaoundé’s northern access road and Mora-Tchakamari road.
In 2024, Cameroon’s Jointly Financed Road Projects Unit, part of the Ministry of Public Works, awarded 35 contracts amounting to CFA72.9 billion. This marked an execution rate of 87.5%, although the initial projection was for 40 contracts, a decrease from the anticipated 71 contracts valued at CFA317 billion, as disclosed in a March 2024 report on road integration and transport facilitation programs.
The unit adjusted its annual budget to CFA201 billion from an initial CFA289 billion, spending CFA130 billion, which reflects a 64% execution rate. Originally, CFA284 billion was allocated for investments while CFA5 billion was designated for operations. The cuts have been significant, yet pivotal road projects continued to progress.
Despite the budgetary reductions, the unit successfully completed 13 studies, including four road studies spanning 661 km. Throughout the year, 193 km of roads were either rehabilitated or upgraded, achieving 95% of the scheduled works. Furthermore, savings accrued from various projects facilitated the funding for an extra 119 km of municipal roads, alongside major expansions to Yaoundé’s northern access road (22 km) and the rehabilitation of the Mora-Tchakamari road in the Far North region.
In summary, despite significant budget cuts and a reduction in contract numbers, Cameroon’s efforts in infrastructure development remain robust. The Jointly Financed Road Projects Unit effectively managed resources, allowing for the completion of vital studies and enhancements to key roadways. The execution rates indicate a strong commitment to advancing the nation’s transport infrastructure amid financial constraints.
Original Source: www.businessincameroon.com
