The agreement allows Negri to build, in three phases, 250 linear meters of additional quay (quay 17), develop 7.9 hectares of rear land, and create 1,200 linear meters of RTG roads (automated rubber-tired gantry crane).Payment of invoices will be made directly by the bank to Negri, after validation by the project team set up to monitor the project's execution. The loan repayment will be ensured by Scepdb over a period of 8years, including a 2 year deferment period during the construction phase, in accordance with the conditions provided for in the credit agreement signed in 2022, and in liaison with the project team.The works, lasting thirty( 30)months, will be financed to the tune of 47.2 billion CFA francs excluding taxes, thanks to a maximum bank loan of 70 billion CFA francs for the benefit of the company operating and building the port of Douala, Bonaberi.The remaining financing will be used to build a reserve account for the payment of commissions.In return for its operation of the infrastructure, the Container Terminal Authority (RTC) will operate the quays and land areas after receipt by the Port of Douala. It will pay to Douala-Bonaberi Port Operation and Construction Company( SCEPDB) an amount strictly corresponding to the debt service, increased by the necessary fees for the operation of the structure. The Common Claims Fund will ensure the debt service during the operation phase without seeking additional remuneration.According to the Port of Douala, the operational launch of Quay 17 is scheduled for 2027. It is part of the container terminal expansion project at the Douala-Bonabéri port. This is a priority component of the investments included in the first phase of the master plan, whose implementation is expected for the period 2020-2025.Once completed, these developments will bring the total length of the terminal to at least 1,000 linear meters. They will enable the RTC to improve its capacity from handling 380,000 twenty-foot equivalent units (TEUs) in 2024 to one million containers by 2030.

 Christelle koambi