C
ameroon which is described as the economic
heartbeat of the Central
African sub-region is yet
to have a car assembly plant
of its own. The country with a
stable and growing economy
imports all kinds of automobiles
and accessories from mostly East Asia, Europe, North
America and South Africa.
The National Ports Authority
(which handles 99 per cent of
the country’s imports) in its
2013 report published in 2014,
stated that Cameroon imported
some 187,580 tons of vehicles
and engines representing 2.1
per cent of the country’s total
import. The automobile industry is therefore a promising
sector for both national and
international investors given
that Cameroon’s economy is
on a steady rise.
It is therefore on this premise
that “Cameroon Auto Expo
2017” organised by a Turkish
firm “Expotim International
Fair Organisation in partnership
with State officials, is being
organised at the Yaounde Conference Centre from Thursday
November 30 to December 3,
2017. According to the organisers in a statement on the Auto
Expo website, “Cameroon’s
economy is expanding but
without its own capacity for
producing vehicles and auto
parts.” The Cameroon Auto
Expo, an international exhibition of the automotive components industry will provide
the avenue for “international
manufacturers of auto parts
and accessories planning to
invest in Cameroon to explore
excellent opportunities available
in the country. Manufacturers
will during the 4-day event enter into business relationships
with local buyers. “Due to its
geographical location, the
country has good facilities
and transport routes in Africa. Cameroon Auto Exo offers
exhibitors and visitors adequate&n...
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