JOURNAL ARTICLE
Chinese Firms Win Bid to Build Road Used for Cameroon-Chad Trade.
Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: Lukong, Pius 3 of 3
Abstract
The article focuses on the African Development Bank's approval of contracts for the reconstruction of a crucial 278-kilometer highway in northern Cameroon, which is essential for trade with Chad. Four Chinese companies—CGCOC Group, China Harbour Engineering Co., China First Highway Engineering Co., and China International Water & Electric Corp.—will undertake the €337.9 million project, primarily funded by the African Development Bank. This highway facilitates significant economic activity, contributing approximately 35% to Cameroon's GDP and serving a substantial portion of the populations of both Cameroon and Chad. The project, expected to be completed by 2030, aims to enhance cross-border trade and improve economic competitiveness between the two nations. [Extracted from the article]
Additional Information
- Source:Bloomberg.com. 2025/09, pN.PAG
- Document Type:Article
- Subject Area:Geography and Cartography
- Publication Date:2025
- Accession Number:187816023
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