Paul Biya reviews Matgenie statutes

Two decrees of the president of the Republic signed respectively on Tuesday and yesterday transformed Matgenie and approval of its statutes. With regard to the processing of this undertaking, and as explained by its Director general, Niwa Long Otto, National Park of Civil Engineering Equipment now sees its powers increased.

Less than five missions so far, the company now has nearly a fortnight, with bonus, the opportunity that is given it to execute infrastructure works, while responsible for the acquisition, maintenance, renewal and rental.

These new missions are intended to include the Matgenie in the field of those entitled to compete in the many projects announced by the president of the Republic.

Matgenie now has the possibility to assert its powers beyond the national triangle, whenever it comes to activities or transactions pertaining directly or indirectly to its purpose.

For this company established on December 27, 1967, a new phase was formed which allows the company to look to the future with optimism, after a long period of uncertainty.