2024-02-10 22:03:48
The Cameroonian State rejected the request of the company Tollcam, a subsidiary of the Egis and Fayat groups, which wished to be entrusted with the management of new road toll stations built in Cameroon. Explanations.
The news fell discreetly in the Cameroonian media this eleven of the youth: the privileged partner of the State in terms of road tolls has just seen its expansion ambitions rejected.
Ambitions thwarted for Tollcam
According to our information, Tollcam was in fact coveting the operation of no less than 7 new toll infrastructures put into service by the Cameroonian authorities in Mbankomo, Nsimalen, Boumnyebel, Edea, Nkometou, Tiko and Mbanga.
But this request was sharply rejected by the government. “Response from the government via the Mintp (Ministry of Public Works): niet” bluntly summarizes an anonymous source to our editorial staff.
Non-compliance with the public-private partnership regime
Why did the Cameroonian state dampen the ambitions of its partner in the road toll sector? According to our information, it is the very legal structure of the public-private partnership (PPP) linking Yaoundé to Tollcam which poses a problem.
« The formula presented by Tollcam would not comply with the PPP mode. According to one source, Tollcam had to build the primary infrastructure generating the partnership, in this case the road. explains an analyst in the columns of our colleague Week Infos.
Accusations of attempting to “scam«
In other words, by not financing the construction of the roads for which it hoped to manage the tolls, Tollcam did not meet the basic conditions of a public-private partnership. What some do not hesitate to assimilate to a form “ scam » from the French partner.
« This is why asking for the management of an infrastructure that we did not build is nothing more than a scam” thus criticizes an economist cited by the same source. Enough to dampen the enthusiasm of Tollcam’s managers, who intended to ride the toll route without taking on the underlying investments…