Cameroon - Project to Develop Access Roads to the Industrial and Port Area of Kribi (Parzik) - Phase II


Project Summary

Approval Date 22 Jun 2022
Planned Completion Date 31 Dec 2025
Last Disbursement Planned Date 31 Dec 2025
Sovereign / Non-Sovereign Sovereign
Sector Transport
DAC Sector Code 21023
Environmental Category 1
Commitment U.A 31,001,087.37
Status Approved

Project General Description

The proposed operation in an ADB loan of EUR 39.629 million in addition to the first phase of EUR 114.336 million, approved on 20 October 2021 to the Republic of Cameroon to finance the Project to develop access roads to the industrial and port area of Kribi (PARZIK). The first phase of Kribi’s port infrastructure comprises (i) a 350-metre-longcontainer terminal; and (ii) a 265-metre-longmultipurpose terminal. The following are currently being developed (a) the second phase which, from 2024, should provide an additional 700-metre quay bringing the container terminal capacity up to 1,000,000 x 20-foot equivalent units (TEUs); and the (b) the industrial complex combined with a vast area for heavy, medium and light industry, a modern residential town with housing for up to 300,000 people by 2040, as well as new and improved transport infrastructure. The project is expected to be implemented over seven years (2021-2028). Given its macroeconomic context and within the limits consistent with the country's level of debt sustainability, the Government wished to commit the Bank's financing in two phases. The activities, financed by the first phase of the ADB loan, effectively started in November 2021. The second loan of UA 33.460 million, is the subject of this operation.

Project Objectives

PARZIK’s sector goal is to help improve the transport system in Cameroon by optimising the operation of the Kribi Industrial Port Complex and 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 costs at national and regional level, and (iii) improving the quality of life for people living in the project impact area.

Beneficiaries

The project’s direct impact area (PDIA) comprises the South and Littoral Regions of Cameroon as well as the Littoral Province of Equatorial Guinea. The indirect impact area covers the remainder of Cameroon and the entire continental region of Equatorial Guinea, including some regions of these two countries’ neighbouring countries (Chad, Congo, CAR and Gabon), thus amplifying the snowball effect of the Bank’s intervention in terms of regional integration. The project’s direct target beneficiaries are the people living in the area directly impacted by the project and its main social groups. Other beneficiaries include various users of the road sections concerned by the project (hauliers, motorcyclists, pedestrians, etc.), businesses and service providers who will be mobilised to ensure its implementation, as well as technical services and other administrative entities in the Littoral and South regions.

Participating Organization

Funding
African Development Bank
Implementing
MINISTERE DES TRANSPORTS ET DES TRAVAUX PUBLICS

Information

IATI identifier 46002-P-CM-DB0-024
Last Update 09 Dec 2022

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Contact Details

Name MORE NDONG Pierre-Simon
Email p.morendong@afdb.org

Geographic Location

Country Cameroon
Coordinates Location Name
3.8 10.1333 Edea
2.95 9.91667 Kribi