A car assembly plant is presently being constructed by the Cameroonian government. This means in about a year, cars which have been assembled in Cameroon, will be sold locally, and in Central Africa and African markets.
The 27-hectare car assembly plant has been set up in Bonaberi by the Indian Subsidiary, Cameroon Automobile Industry Company,CAIC. The government together with the CAIC signed the deal for projects in Douala and Kribi on 11th June 2015.
On Thursday 13th October 2016, The Minister of Mines, Industries and Technological Development, Ernest Gbwaboubou visited the construction site. He was satisfied with the progress of the work going on at the site.
Technicians from Matgenie, (the company carrying out the project) updated the Minister on its execution rate. They complained that heavy rains and the late arrival of funds slowed down their productivity.
However, the first phase of the work which is expected to be delivered within a four-month has already witnessed an eight per cent execution rate.
The Cameroonian Government encourages the car assembly plant initiative, as a means of ensuring the quality of cars that ply the roads in Cameroon.