SW Reconstruction : Private Enterprises To Provide FCFA 1.2 Billion

Prime Minister Joseph Dion Ngute presided at the funding agreement signing ceremony at the Auditorium of the Prime Minister’s Office on November 26, 2021.

The “Société Anonyme des Brasseries du Cameroun (SABC) has agreed to provide FCFA one billion and the Groupement des Industries Meunière du Cameroun (GIMC) will provide FCFA 200 million for the reconstruction of the socio-political and security crisis affected North West and South West Regions.  The President of SABC, Emmanuel De Tailly signed for his enterprises while, the President of GIMC, Célestin Tawamba signed for his.
Prime Minister, Head of Government, Joseph Dion Ngute on November 26, 2021 presided at the ceremony to the sign the funding agreement in the Auditorium of the Prime Minister’s Office. The funding agreement of FCFA 1.2 billion was the concretisation of promises the private sector enterprises made to Prime Minister Joseph Dion Ngute when he had consultation session with them in Douala on May 18, 2021. After having understood the Presidential Plan for the Reconstruction and Development of the North West and South West Regions, enterprises of the private sector took the commitment to support the recovery phase of its implementation. The FCFA 1.2 billion contributed by the two private sector enterprises will be used essentially for the rehabilitation of schools and health centres in order to improve access to basic social services which have been destroyed in the two regions. They will also serve to revive agricultural production in rural areas and to recover small businesses.
The National Coordinator of the Presidential Plan for the Reconstruction and Development of the North West and South West Regions, Minister Paul Tasong, said government was conscious of the current necessity to consolidate current measures to facilitate the tackling of the socio-economic situations of the localities concerned. He said it was for this reason that consultations were ongoing in order to enable the optimal deployment of enterprises and strengthen the investment of the private sector in these regi...

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