We advised CIMPOR CAMEROUN, the newest cement producer on the market,
that recently inaugurated a cement factory in Kribi, Cameroon over a launching
ceremony attended by the countryโs Prime Ministry, Joseph Dion Ngute, and
several other stakeholders. With an investment worth over 55 million Euros, and a
production capacity of 800 000 Mt/per annum, this new cement plant represents a
significant step in the countryโs economic and infrastructural development. Find
the news report and related articles here:
https://youtu.be/yQpPrmE7khM?si=n_pxe3TRmyNcFsXT
https://fr.journalducameroun.com/cameroun-joseph-dion-ngute-lance-la-
cimenterie-cimpor-de-kribi-ce-jour/
https://actucameroun.com/2024/07/21/la-cimenterie-cimpor-cameroun-sengage-a-
approvisionner-le-marche-avec-800-000-tonnes-de-ciment-par-an/
From the signing of an investment incentive agreement with the Investment
Promotion Agency to the operation and installation phase,
- We advised on the tax and customs incentives under the local investment
promotion laws
- Prepared and submitted FDI declarations to the Ministry of Finance and the
Central Bank
- Prepared and reviewed the necessary documentation for the first transfer of
shares with OYAK CIMENTO
- handled company secretarial work
- Drafted and reviewed construction contracts and related agreements with
partners and investors.
- Advised on the loan agreement of 2 (two) billion FCFA with BGFI Bank
Cameroun to increase the companyโs capital and finance its operations
- We are also serving as legal counsels on debt recovery proceedings of
25,000,000 million XAF pending before the Cameroonian courts against
BATI SERVICE SARL and PRETIS SARL