Cameroon Infrastructure Report Q2 2015

BMI Research
April 1, 2015
79 Pages - SKU: BMI5478924
Countries covered: Cameroon

Cameroon Infrastructure Report Q2 2015

BMI View: An excellent pipeline of projects spanning the power and transport segments supports our viewof sustained growth in Cameroon's construction sector. We predict growth of 8.43% in 2015 and averageannual growth of 8.15% over the forecast period to 2024. Funding is set to come from a combination ofdevelopment funding, private investment and Chinese capital.

The limited reliance on government investment for project development will shield the construction sectorfrom an expected economic slowdown over the next few years that is mainly related to falling governmentrevenues as a result of lower commodity prices. We note rising risks from lower commodity prices, both tothe country's fiscal position and fixed asset investment supporting natural resource extraction. Investment inCameroon's iron ore resources has been a major driver of infrastructure development, however, with ironore prices at five-year lows and mining companies cutting capital expenditure, projects could be delayed orcancelled. However, progress is continuing on major projects.



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