H.E Biya Calls on Investors to Seize Opportunity and Participate in Development of Cameroon


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H.E Paul Biya speaking at the International Investment Conference in Yaounde, Cameroon on 17 May 2016.

 

 

 

 

 

 

 

 

 

 

 

The President of the Republic His Excellency Paul BIYA has once more called on national and international investors to seize the opportunity and participate in the development of Cameroon. The Head of State made the call at the opening ceremony of the International Economic Conference taking place in Yaoundé on 17 – 18 May 2016.

The two day conference was an occasion to sell the huge economic potential of Cameroon to investors from various parts of the world so as to boost the level of economic activity in the country. The opening session was followed by round table discussions. Other more intimate sessions involved meetings with investors who can seal concrete deals with private or public entities for projects that are mature and ready for financing.

In summary the Conference combined both “plenary sessions and meetings between project initiators – both public and private – and national and international investors during dedicated workshops”.

Apart from H.E Paul Biya, other key note speakers at the event included the former President of the European Union, José Manuel BARROSO; former Korean Prime Minister, Dr. Un-Chan CHUNG; and the President of the UBA Bank Group, Nigerian born Mr. Tony ELUMELU. The Government Delegate to the Yaoundé City Council also made a welcome speech on behalf of the citizens of the capital city.

It should be noted that he Chairman of the United Bank for Africa, UBA, Tony Elumelu, went beyond the conference to rule out all scepticism and hesitation by announcing that Cameroon was not only a business destination, but a good one for that matter. His experience, drawn from operating in 19 African countries and having worked in Cameroon since 2008 spoke volumes about the merits of economic resilience and sense of purpose.

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