Cameroon’s Jointly Financed Road Projects Unit awarded 35 contracts in 2024 totaling CFA72.9 billion, with an 87.5% execution rate. Adjustments to the budget resulted in CFA201 billion, with 64% spent thus far. Despite cuts, significant progress in road rehabilitation and studies was evidenced, culminating in the expansion of key infrastructure.
In 2024, Cameroon’s Jointly Financed Road Projects Unit, associated with the Ministry of Public Works, awarded 35 contracts amounting to CFA72.9 billion, achieving an execution rate of 87.5%. This figure reflects a significant reduction from the initially anticipated 71 contracts valued at CFA317 billion detailed in a March 2024 steering committee report focusing on road integration and transportation facilitation programs.
The unit has adjusted its annual budget to CFA201 billion, a decrease from the previously projected CFA289 billion. Of this revised budget, CFA130 billion has been expended, signifying an execution rate of 64%. Originally, CFA284 billion was allocated for investment and CFA5 billion for operational costs.
Despite the budget limitations, critical projects progressed. The unit completed 13 studies, including four major road studies spanning 661 km. More than 193 km of roads underwent rehabilitation or upgrades, with an impressive 95% completion of scheduled works. Savings from various projects enabled the financing of an additional 119 km of municipal roads, as well as the expansion of a 22 km northern access road in Yaoundé and repair efforts on the Mora-Tchakamari road in the Far North region.
In conclusion, Cameroon’s Jointly Financed Road Projects Unit has made notable advancements despite budgetary constraints. With a focus on key projects, considerable progress has been recorded in road rehabilitation and upgrades, with an effective execution rate that demonstrates the commitment to enhancing transport infrastructure. The achievements reflect strategic planning and effective resource allocation in the face of fiscal limitations.
Original Source: www.businessincameroon.com
