The OPEC fund for
international development
  • Who We Are
    • At a Glance
    • Facts & Figures
    • Member Countries
    • The Organization
    • Partners
    • FAQs
  • What we offer
    • Overview
    • Public Sector Lending
    • Private Sector & Trade Finance
    • Grants
    • Special Initiatives
  • Focus Areas
    • Overview
    • Agriculture
    • Education
    • Energy
    • Financial
    • Health
    • Multisectoral
    • Transportation
    • Water & Sanitation
  • Operations (current)
    • Procurement Notices
    • Search Operations
    • World Map
    • Countries A-Z
  • Investor Relations
    • Overview
    • Credit Fundamentals
    • Funding
    • Operations
    • Governance
    • Contact IR Team
  • Events
    • Development Forum 2025
    • Knowledge Series
    • SIDS Summit
    • Past Events
  • News
  • Contact Us
  • Media Center
  • Publications
The OPEC Fund
for International
Development
  1. Operations
  2. Limbe Shipyard Project, dock construction component

Operations

  • Procurement Notices
  • Search Operations
  • World Map
  • Countries A-Z
Search

Limbe Shipyard Project, dock construction component

Cameroon

Borrower Cameroon
Financing Type Public Sector
Instrument Blend Facility
Focus Area Transportation
Approved 16.03.2010
Signed 07.10.2010
Status Completed
Loan Administrator BADEA
Executing Agency Limbe Shipyard Project, quay wall construction component
Co-financiers BADEA, Government
OPEC Fund Contribution (US$m) 22.50
Total Project Cost (US$m) 44.61

A project commenced in 2005 in Limbe to construct a shipyard for repairing and maintaining large commercial ships and floating oil rigs. Although nearing completion, one of the project’s most important components - constructing a 400 m-long quay wall - has not yet been carried out owing to a financing gap caused by building material cost increases and the depreciation of the US dollar.

This loan will thus help cover this shortfall. Once the shipyard is complete, an estimated 5,000 employment opportunities will be created for craftsmen and small entrepreneurs. The demand for goods, particularly those related to agriculture, is expected to increase, helping boost incomes in both rural and urban areas.

Scroll top

Search operations

Advanced Search

0.00 208.17
0.00 13074.00

Operations

  • Procurement Notices
  • Search Operations
  • World Map
  • Countries A-Z
Scroll top
Who We Are
  • At a Glance
  • Facts & Figures
  • Member Countries
  • The Organization
  • Partners
  • FAQs
What we offer
  • Overview
  • Public Sector Lending
  • Private Sector & Trade Finance
  • Grants
  • Special Initiatives
Operations
  • Procurement Notices
  • Search Operations
  • World Map
  • Countries A-Z
Investor Relations
  • Overview
  • Credit Fundamentals
  • Funding
  • Operations
  • Governance
  • Contact IR Team
Events
  • Development Forum 2025
  • Knowledge Series
  • SIDS Summit
  • Past Events
Procurement
  • Overview
  • Bidding
  • Supplier registration
  • Contact Procurement
Compliance Accountability & Integrity
  • Business Partner Code of Conduct
  • Personal Data Protection
  • Business Integrity Due Diligence
Administrative Tribunal
  • About the Tribunal
  • Judges
  • Executive Secretary
  • Contact the Tribunal
News
Career Opportunities
  • Overview
  • Vacancies
  • Young Professional Development Program
  • Internships
The OPEC Fund
for International
Development
Parkring 8
1010 Vienna
Austria
  • Copyright 2024 by the OPEC Fund
  • Fraud Alert
  • Personal Data Protection Disclaimer
  • Terms of use
  • Contact
  • Webmail

We use Cookies. Read our Terms