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Sun, Nov

Economic Data & Investment Code

Typography

Cameroon's economic needs and potentials are such that there are a great variety of good investment sectors.

Amongst other can be cited:

  • The transformation of materials which leads to the production of a finished or semi finished goods;
  • Extraction and transformation of mineral resources;
  • The transformation of hydrocarbons;
  • Forest exploitation assorted with the transformation of wood;
  • Agricultural production;
  • Production;
  • Stock breeding;
  • Industrial and local fishing;
  • Transformation of agricultural products, animal or halieutic;
  • Stocking and conservation activities of food products;
  • Making of necessary materials for public buildings;
  • Maintenance of industrial equipment focused on the making on spore ports;
  • Naval repairs, technological research activities and the management of data;
  • Hospitals and pharmaceutical laboratories;
  • Trial, analysis and control of raw material laboratories for finished or semi finished products used or produced by the industry;
  • Touristic restoration areas when they are integrated in a touristic pack or implanted in a touristic site known by touristic administration.

 Favourable conditions to investment

 The economy has enjoy a growth rate of 5% for some years, which has to increase;

  • Democratic institutions and the political stability make of Cameroon a country where the risk concerning investment of minimal;
  • Its geographical location between west and central Africa, gives it a unique statistic position in terms of trade exchanges. It gives access to several central African countries and some regions of Nigeria;
  • Its extension of 1200km gives it a great variety of natural potentials;
  • It has abundant and qualified labour, which is cheap and endowed with a great adaptation and initiative capacity which is indispensable for companies;
  • Cameroon has a diversified industrial fabric in expansion, presenting a permanent network of sub contracts;
  • It has a regulatory and legislative frame which gives freedom to invest and the free transfer of industrial and commercial benefits as well as salaries;
  • It has numerous natural resources (petroleum, gas, bauxite, iron, nickel, wood) and agricultural products (cocoa, coffee, cotton, banana, hevea, palm oil, pineapple);
  • It has a vast privatisation programme of public and Para public companies whose list is detailed in the chapter of privatisation.