According to reports, the central African country is aiming to attract investment of $10B in its bauxite, iron-ore, cobalt, uranium and nickel deposits in the next few years. A major part of this drive will be an improved infrastructure, including ports.
The proposed new deep seaport at Grand Batanga near Kribi in the south of the country would be able to take much larger vessels than main port Douala, which handles 95% of import/export traffic from Cameroon and neighbouring Chad and Central African Republic, both landlocked.
It would be linked by road and rail to major mining projects under development in Cameroon's interior.
Nlend Balack, director of port construction, said that the selection process should be completed by December, with a build, operate and transfer (BOT) system of contracts or conventions being signed in January 2009.
It is hoped that building work will begin in September or October 2009.