Cameroon Headlines, Limbe, June 13 – The Korean Ambassador to Cameroon, HE Cho June Hyuck has said that The Limbe Deep Sea Port has a good number of advantages over the Douala Seaport
He was speaking last Thursday June 12 in Limbe during
a ceremony to launch free medical services to the population of Isongo in
particular and the surrounding localities which host the Limbe Deep Seaport
Development Project in general.
Speaking in Limbe at the end of the official ceremony,
the Korean Ambassador to Cameroon told pressmen that the Cameroon Korea
relationship is fast growing in terms of economic corporation.
He added that “the Limbe Deep Sea Port Project is one
of our economic corporation projects; the project is very promising and has
great potentials in terms of economic growth in Cameroon”
According to the Ambassador, Douala has a river base
port hence there is a limit for it to grow while Limbe is a sea based port with
much room to grow.
He said the objectives of Korea in Cameroon is to be a genuine partner in economic and
social sectors and hoped that the local population can join in by providing
their workforce so that they can benefit from the project.
The governments of Cameroon and Korea signed a partnership
agreement to construct a multifunctional platform within the framework of the
deep seaport in Limbe.
The accord with a Korean firm, Limbe Port Industrial
Development Corporation (Lipid), was signed on Friday November 1, 2013 between
Sang Ki-Yi, President and Jeawon Lee, Director General of LIPID and four
Cameroonian Ministers; Robert Nkili, Jacqueline Koung à Bessiké, Emmanuel
Nganou Djoumessi and Alamine Ousmane Mey.
This was in the presence of Korea’s Ambassador to
Cameroon, Cho June Hyuck.
The project is being developed through the
public-private partnership agreement, on the basis of Build, Own, Operate and
Transfer. It emerged from the event that some 220 million dollars (about 100
billion CFA francs) will be needed for the port’s project.
Speaking earlier while presenting the project to the
Administration and other partners, Dia Mohammed Iya, the Assistant Project
Manager of the Limbe Port and Industrial Development Corporation LIPID said as
at now the company has acquired their license and permits for the site
including a 150 Ha industrial zone.
She announced that construction work for the Project
will take-off effectively in August 2014.
Dia Mohammed Iya explained that the vision of the
company is to be a new Regional Hub Port and the First Modern Industrial and
Free Trade Zone in West African Region.
She added that the project will improve the logistics
and transportation infrastructures of Cameroon and its neighboring countries,
develop the First modern Industrial Port and Free Trade Zone, provide
attractive investment and business opportunities in the Central and Western
African Market and above all create more than 20,000 direct and in-direct new
jobs.
Free medical facilities
Did works started as announced. We are already at the end of the month of August.
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