loader

CHAN 2020: A Huge Multiplier Effect Opportunity

The competition to be hosted in three cities of Cameroon is expected to leave economic imprint on the national economy.

It is now certain that Cameroon will host the African Nations Championship football competition from April 4 to 25, 2020. Three cities have been earmarked to host the continental football tournament which will bring together 16 participating delegations from Africa. The event organised by the Confederation of African Football (CAF) is a foretaste to the famous African Cup of Nations (AFCON) which Cameroon is scheduled to host in 2021.

In prelude to the African Championship competition, the government has embarked on a series of infrastructure projects that goes with the organisation of such big sporting rendezvous. Apart from the football stadia, access roads, lodging facilities, stateof-arts medical structures, and telecommunications amongst others have also been provided in the host cities. All of these have cost the State treasury quite a fortune and works are still ongoing to finalise preparations. The 2020 Finance Law states that priority will be accorded to the implementation of major transformational projects in the energy and road sector including the continuation of AFCON 2021 projects and organisation of CHAN 2020. With the ongoing works, thousands of new job have been created with the manpower is essentially recruited from local surrounding communities. The Douala site alone has created more than 11,000 jobs while the construction of the Paul Biya Stadium in Olembe Yaounde (though not hosting CHAN) which is estiated to gulp FCFA 170 billion, has enabled the recruitment of over 2000 youth at the moment. In the Limbe/ Buea site, the main stadium constructed before the 2016 Female AFCON has witnessed certain adjustments and refurbishment and certainly involved labour recruited from the surrounding communities. Access roads in Limbe and Buea are currently being worked upon by different enterprises which have provided jobs to many Cameroonians. Just last week, the Minister of Sports and Physical Education, President of the Local Organising Committee (COCAN) in a communique invited app...

Partager cet article

Commentaires

    List is empty.

laisser un commentaire

Your special Cameroon Business Today issue in digital version

abonnement I subscribe

Download
app Cameroon Business Today

logo apps