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- Operations
- Cereals Storage Facilities Project
Cereals Storage Facilities Project
Cameroon
Borrower | Cameroon |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Agriculture |
Approved | 02.12.1997 |
Signed | 08.07.1999 |
Status | Completed |
Loan Administrator | ISDB |
Executing Agency | National Cereal Office |
Co-financiers | ISDB, Government |
OPEC Fund Contribution (US$m) | 4.85 |
Total Project Cost (US$m) | 14.35 |
This project seeks to prevent the country’s frequent food shortages. Twenty-eight silos with a total storage capacity of 15,000 tons will be built to dry, fumigate and store grains, insuring food security during crisis situations and also helping to stabilize prices.