|Approval Date||20 Oct 2021|
|Signature Date||20 Sep 2022|
|Planned Completion Date||31 Dec 2028|
|Last Disbursement Planned Date||31 Dec 2028|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||21023|
The Project to Develop Access Roads to the Industrial and Port Area of Kribi (PARZIK) comprises (i) road works (rehabilitation and upgrading of 110 km of the Edéa –Kribi section and 39 km of the Lolabé –Campo –Cross-border bridge with Equatorial Guinea over the Ntem River section, the construction phase of which is expected to be presented to the Bank’s Board of Directors in 2023); (ii) a major component dedicated to socio-economic activities that are likely to heighten the socio-economic impact, reduce pockets of fragility and gender imbalances in the project impact area; and (iii) related measures intended to facilitate mobility, improve security and mitigate the negative impact of increased traffic in and around the complex as well as transit activities in the area’s localities.The project is expected to be implemented over seven years (2021-2028) and is estimated to cost 182.118million Units of Account (UA). It will be co-financed by (i) the Bank through two ADB loans totalling UA 130 million; and (ii) counterpart contribution of UA52.118million. Given the macroeconomic context and within the limits consistent with the country’s debt sustainability level, the Government wants the Bank’s financing commitment to be in two phases (UA 96.540 million in 2021 and UA 33.460 million in 2022).
PARZIK’s sector goal is to help improve the transport system in Cameroon by optimising the operation of the Kribi Industrial Port Complexand promoting regional integration in Central Africa.This sector goal is broken down into three (3) specific objectives aimed at (i) establishing permanent road links to improve the accessibility and connectivity of the Kribi Industrial Port Complex, (ii) reducing travel time and overall transport costsat national and regional level, and (iii) improving the quality of life for peopleliving in the project impact area.
The project direct impact area (PDIA) comprises the South and Littoral Regions of Cameroon as well as the Littoral Province of Equatorial Guinea and the North of Gabon. The indirect impact area covers the remainder of Cameroon and the entire continental region of Equatorial Guinea, including some regions of these two countries’ neighbours -Gabon, Congo, CAR and Chad. The area’s importance is justified by itsaccess to Douala, currently Cameroon’s main economic centre, and the inclusion of the Kribi industrial and port complex, whose long-term aim is to become Cameroon and Central Africa’s principal economic hub. By connecting with the Douala-Yaoundé Road, theproject’s main road services the entire hinterland ofthe Kribi deep-water port.From an economic standpoint, the PIA has a mainly rural population mostly comprising women and young people, in 27 villages. In terms of gender equality, while the governmenthas made considerable progress, gaps are still noticeable in several areas such as education, training and employment. On the socio-economic front, women are at a disadvantage compared to men. In this regard, men are relatively well represented as wage earners in the formal sector. However, in the informal sector where decent employment conditions are not always met, women are relatively well represented.
African Development Bank
MINISTERE DES TRANSPORTS ET DES TRAVAUX PUBLICS
|Last Update||04 Dec 2022|
|Name||MORE NDONG Pierre-Simon|