Cameroon’s 2018 Economic year launched in Douala

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The 2018 economic year has been launched at the GICAM headquarters in Douala. The Minister of the Economy, Planning and Regional Development, Louis Paul Motaze launched the year during meeting with the private sector. He indicated that in 2018, economic activities in Cameroon will be oriented towards the diversification and local processing of products.

During the two day event, government and economic operators will elaborate strategies and orientations for the revival of economic growth in Cameroon through the benefits of public private sector partnership.

Minister Louis Paul Motaze said the meeting of February 20 and 21st are different from the public private sector discussion which are permanent and ongoing in Cameroon, because various segments of the private sector are taking part.

It is also unique because government interns to work more closely with the private sector by facilitating access bank credits and other facilities to boost economic growth.

The President GICAM, Celestine Tawamba called for frank, sincere and constructive discussions that will pave the way for private investors in the domains of transformation and distribution of the different primary products produced in Cameroon.

The meeting is coming at the time when Cameroon exports principally raw materials in the agricultural, forestry and extractive industry sector and governments seeks to transform locally in a bid to enhance growth and create jobs.

Elvis Teke