If this report by APA News is anything to go by, then we will start seeing vehicles assembled in Cameroon in the market, as soon as next year. The cars by Indian company, Azad Coach, and Chinese companies, Gac Gonow and Yutong, will be assembled in Douala and Kribi.
The companies, which have as local partner, the Cameroon Automobile Industry Company (CAIC), announced their FCFA 92 billion investment, after signing a convention with the Cameroon government.
According to the CAIC Director General, Manoj Khiyani, the first of these vehicles will be available in 6 months to 1 year.
This venture is expected to create about 4620 jobs in the next 15 years.
It should be recalled that most Cameroonians buy used cars from Germany, Belgium and France.
The costs of the soon to be assembled cars was not mentioned. I hope they will be within reach.
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