Cameroon - Transport Sector Reform
The note briefly outlines the impacts, and lessons of the Transport Sector Reform Project in Cameroon, whose objectives aimed at developing private participation, and continue the restructuring of transport sector utilities. While some activities,...
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Language: | English |
Published: |
World Bank, Washington, DC
2012
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Online Access: | http://documents.worldbank.org/curated/en/2001/02/1089536/cameroon-transport-sector-reform http://hdl.handle.net/10986/9823 |
Summary: | The note briefly outlines the impacts,
and lessons of the Transport Sector Reform Project in
Cameroon, whose objectives aimed at developing private
participation, and continue the restructuring of transport
sector utilities. While some activities, such as railway
operations are being partly privatized, through concession
arrangements, and bus companies liquidated, allowing
liberalization of urban transport, efforts at reforming the
port sector, will continue under the Third Structural
Adjustment Credit. However, the privatization of the civil
aviation company did not take place, and, efforts to improve
the international transit system were only partially
achieved. Lessons point at the need to address the
budgetary, and social impact of privatization, including
severance payments, early on during project preparation; the
crucial aspect for higher level management - Government and
donors - to be committed to, and involved in the process of
reform implementation; the essential need for Bank
continuity in supporting the country strategy, through
successive projects that will prod reforms, and consolidate
those achieved through the project, emphasizing financial
management issues. |
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