Port of Kribi seeks a “free zone” status to facilitate investments
(Business in Cameroon) - In his January 7 newsletter, Patrice Melom (photo), Managing director of the Autonomous Port of Kribi (PAK), reveals that the PAK is working (in collaboration with Cameroonian authorities) to obtain the “free zone” status for the port, as well as funding to develop the port’s industrial and logistics zone.
According to the Managing Director, this project aims to ensure that investors who wish to settle in the port area can find substantial facilities.
The Cameroonian market is obviously attractive, but there are still facilities to build and tax allowances to introduce to boost development,” he said.