The World Bank has approved over US $ 86 million for Cameroon's Railway Concession Project and the Douala Infrastructure Project, the Bank reported on Monday.
Some $21.39 million, the World Bank said, would be used for the railway project to improve the efficiency and sustainability of the transport sector through privatisation of the rail system. This would provide a more efficient and reliable rail services and improve the competitiveness of domestic and regional freight, the Bank added.
The Douala Infrastructure Project, for which $56.35 million has been approved will rehabilitate 38 kms of existing primary roads connecting the seaport and the industrial areas to other districts in the city. Douala is the country's commercial capital.
The project would also rebuild pavements, rehabilitate sidewalks and drainage systems, create parking places for buses and taxis and install traffic lights and road signs, the Bank said in its Weekly Update.