Page 365 - Atouts Economiques Cameroun-2019-GB
P. 365

                 INTRODUCTION
Since the recovery in the national economy follo- wing the completion of the Highly Indebted Poor Countries (HIPC) initiative by Cameroon in April 2006, it has been a vast field opened to external investment.
The credibility of Cameroon being restored, these investments have multiplied years went by. In this area, State’s Budget for 2016 has devoted a diversity of sources of funding for development projects. This reasoning led the Cameroonian government to resort to concessional loans of 1100 billion FCFA.
DIVERSIFIED PARTNERSHIP
Over the past ten years, the number of foreign investors in Cameroon have increased. Traditional partners, bilateral, multilateral and dozens of large groups in the country have been joined by many investors, attracted by the econo- mic potential of the country. Overall, at the bila- teral level, the most present countries are: France, China, Germany, Japan, Great-Britain, the United States, Belgium, Canada, Italy, Turkey and Brazil. Despite the multiple economic and financial crises they
had to face in recent years, they have continued to support Cameroon's efforts to develop.
BILATERAL COOPERATION
Within the framework of the bilateral coopera- tion, Cameroon received considerable funding. Thus, from 2000 to 2014, it benefited from foreign direct investments an amount of 2,750 billion FCFA, of which 1850 billion from China, representing 67% of it. In its relations with Cameroon, France also stands out, thanks to the signing on June 10, 2016 in Yaoundé of the Third Generation Development Debt-relief Contract (C2D) in the amount of 400 billion FCFA, which reinforces the links between the two countries.
The contract, which covers the period 2016- 2024, will make it possible to maintain the res- ponse effort in the priority sectors of agricul- ture, infrastructure, training and other produc- tive sectors.
MULTILATERAL COOPERATION
In recent years, multilateral donors in Cameroon have been particularly interested in the financing of infrastructure (roads, bridges), education, health, business development, protection of the environment, urban sanitation, support to micro- finance and decentralization.
A particular case among many others, owing to its timeliness and importance as well, is attracting
EXTERNAL INVESTMENT
LES ATOUTS ECONOMIQUES DU CAMEROUN
365
  



















































































   363   364   365   366   367