COMPETITIVITY:The Port Authority of Kribi Increasingly Attractive

On 20, 22 and 23 April 2024, a Belgian economic mission and Indian and British investors came to the Port of Kribi on to have a grasp of the activities going on in this major attractive zone.

On a sunny Saturday 20 April 2024, a delegation of 25 investors from the United Kingdom and India visited the Port of Kribi as part of the Commonwealth Enterprise and Investment Council (CWEIC). Welcomed by Patrice MELOM, General Manager of the Port Authority of Kribi, the mission led by Diana Acha Morfaw, Chairperson of the Board of Directors of the Investment Promotion Agency (IPA) noted with satisfaction the major assets of the Port of Kribi. For Mrs Acha Morfaw, the visit is the evidence of the growing interest global investors have in the Port of Kribi which is currently under extension. A few days earlier, on the sidelines of the 4th edition of the Cameroon Investment Forum held in Douala, the Port Authority of Kribi and IPA signed a partnership agreement to boost investment and increase investors’ interest in the Kribi Port Industrial zone. Following the agreement, the PAK Top Management expressed the wish to give investors a visit of the Port. An important visit, given the nationality of the investors.

A few days after, on 22 and 23 April 2024 especially, it was the turn of a Belgian economic mission made up of 40 business leaders, to visit the Port of Kribi. The Belgian economic operators from the Port of Antwerp, some of which already knew of PAK, came to enquire about investment opportunities in Cameroon in various sectors, particularly infrastructures, agroindustry, transport and digital technology. In this regard, a thematic seminar on the business opportunities of the Port of Kribi was organised on the first day followed by a diner. The visit of the Kribi Deep-sea Port per se took place on Wednesday.

Impressed by the strategic location of the Port, its Phase 2 construction and the services already provided in the maritime trade, the investors expressed their satisfaction and their wish to come back to Kribi. This visit by economic operators organised by Hub Brussels (a Brussels agency specialised in accompanying companies) confirms the position and place that the Port Authority of Kribi is gaining on the competitive national and sub-regional market.

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