Page 360 - Atouts Economiques Cameroun-2019-GB
P. 360

CDC, in the agro-processing sector (rubber, palm oil, banana, etc) is identified for privatisation
• Improve productivity and competitiveness of companies;
• Increase budgetary resources of the state;
• Enable the Stet to concentrate available
resources on priority sectors;
• Increase participation of the private sector in the financing of economic activities;
• Mobilise national saving;
• Favour the acquisition of new technologies
• Establish a partnership between the State and the private sector
Decree of 29 March 1995 to reorganise the mis- sion of rehabilitation of public companies, provi- ded the creation of a privatisation and liquidation technical commission, and an inter ministry com- mission. The privatisation process is the following:
n The technical commission studies
the files and makes recommendations
n The inter ministry committee gives decision proposals
n The prime minister forwards these suggestions with legal opinion
to the presidency of the republic
n The president of the republic takes the decision as last resort
In conformity with article 4 of ordinance of 22 June 1990, companies to be privatised were subject to:
• An evolution according to objective measures currently used and practised. These methods consider, according to an appropriate balance, to every case and in function of the privatisation mode retained the legacy value and the produc- tivity value of the company.
• A call for competition through an call to tender, advert, under the supervision of the inter ministry committee in charge of privatisation, the commission in charge of privatisation proceeds to the evaluation of companies to privatise, and prepared the terms and references relative to each one of them.
On the bases of evaluation results, the commis- sion lays it for the approval of the inter ministry committee, a privatisation file including:
• A draft terms and references specifying the chosen privatisation mode, the price sought, payment modalities, and eventual accompanying measures;
• Eventual preparatory measures to take, esta- blishes the final terms and references as well as the deadlines and forms in which the offers should be received.
The committee settles the preparatory measures to take, establishes the final terms and references as well as the deadlines and the form in which offers should be received.

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