The three year development plan recently announced by the President of the Republic worth FCFA 925 billion has been tailored to favour development in all ten regions of the country.
The plan, according to informed sources, shall focus on seven sectors.
According to the Presidential prescriptions the following banks shall partner with government to finance the projects and invest in the success and follow-up of the plan: BGFI Bank Cameroon, Atlantic Bank of Cameroon, Standard Chartered Bank of Cameroon, ECOBANK and the Deutsche Bank Madrid.
The emergency plan touches on the following key areas:
Urban Development:
The rehabilitation of the lighting system in the towns of Douala, and Yaounde and construction of 100 low cost houses in all regional headquarters in the country shall be priority.
Health:
Referral hospitals shall be constructed in all regional headquarters andGeneral Hospitals in the towns of Douala and Yaounde as well as the University of Yaounde I Teaching Hospital will be upgraded.
Agriculture and Livestock:
Farmers will be subsidised with seedlings, fertilisers, farm tools. Financial and technical support shall be given to herdsmenand fishermen depending on the agricultural zones. Modern markets,slaughter houses and storage facilities will be constructed in the ten regions.
Roads:
Farm-to-market roads will be constructed in needy areas to ensure the transportation of farm produce to the market.
Energy:
The lighting system in the country will be reinforced and standardised through the rehabilitation of the Edea-Logbessou-Bekoko and Douala electricity units.
Water:
Thirty second secondary towns will be provided with portable water while 100 boreholes will be constructed in each of the ten regions of the country.
Security:
Police and Gendarmerie Stations will be constructed in Yaounde and Douala to reduce security challenges caused by overcrowding.