Summary of Proposed Investment
Project Number
24271
Company Name
3T Cameroun
Date SPI Disclosed
Nov 18, 2005
Country
Cameroon
Industry
Infrastructure
Projected Board Date
Dec 19, 2005
Status
Completed
Sector
Port and Harbor Operations
Department
Regional Industry - INF Africa
Environmental Category
B - Limited
Previous Events
Approved : Dec 19, 2005
Signed : Dec 22, 2005
Invested : Dec 23, 2005
Project Description
Tout Transit Transport Cameroun (3T Cameroun) is a private limited partnership company operating in the business of road transportation and handling. The company was incorporated in 1991 and current share capital is CFAF 250 million ($0.47 million). The purpose of the project is to support the expansion of 3T Cameroun. Part of the expansion plan has already been completed in September 2004 and includes the commissioning of the office building, and the acquisition of a forklift, five lorry-tractors and five trailers. The remaining part of the expansion plan involves the acquisition of the seven lorry-tractors and seven trailers, a spare engine and working capital. Total project cost for the entire expansion plan is estimated at Euro 2.14 million, Euro1.07 million (50%) of which is solicited from IFC in the form of a medium term loan.
Sponsor / Cost / Location
Development Impact
Related ESRS/ERS
Contacts
For Inquiries About the Project, Contact
Mr. Andre Fotso
3T Cameroun
Zone portuaire
BP 12554 Douala
Cameroon
Telephone: (237) 340 41 70
Fax: (237) 340 41 74
E-mail : ttt_cameroun@yahoo.fr
3T Cameroun
Zone portuaire
BP 12554 Douala
Cameroon
Telephone: (237) 340 41 70
Fax: (237) 340 41 74
E-mail : ttt_cameroun@yahoo.fr