Cameroon Economic Update, January 2015 : Revisiting the Sources of Growth--Enhancing the Efficiency of the Port of Douala
The Cameroon economic update aim at sharing knowledge and stimulating debate among those interested in improving the economic management of Cameroon and unleashing its enormous potential. The note offers another voice on economic issues in Cameroon...
| Main Author: | |
|---|---|
| Language: | English en_US |
| Published: |
Washington, DC
2015
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2015/01/23947423/null http://hdl.handle.net/10986/21498 |
| Summary: | The Cameroon economic update aim at
sharing knowledge and stimulating debate among those
interested in improving the economic management of Cameroon
and unleashing its enormous potential. The note offers
another voice on economic issues in Cameroon, and an
additional platform for engagement, learning, and exchange.
It looks at the efficiency of the Port of Douala, the main
entry for imports to Cameroon and two other landlocked
countries (Central African Republic and Chad) of the
communaute economique des etats de l'Afrique Centrale
(Central African economic and monetary community) (CEMAC)
region. This update provides policy recommendations on how
to improve the efficiency of the Port of Douala. The report
shows that the Port of Douala is one of the least efficient
of the region and that in spite of efforts deployed over the
last years, the objective to reduce the global dwell time to
7 days at the end of the 1990 has not yet been achieved.
Others options to improve the efficiency of the Port of
Douala include: the revision of the legal framework
governing the Port, the improvement of the awareness of
importers and brokers on trade procedures, the acceleration
of the modernization of the Port of Douala, and the
improvement of data collection and analysis of trade
facilitation statistics. The report recognizes that
implementing these reforms will require building consensus
among various stakeholders and also overcoming the status
quo practices and behaviors prevailing within the Port. |
|---|