Bilateral Cooperation: Gov’t Solicits Korea’s Financing, Expertise In Energy Production

By Godlove BAINKONG, Cameroon Tribune du 01 Juillet 2012 (Extraits)

The second Korea-Cameroon energy cooperation forum held in Yaounde last Friday.

The government of Cameroon has expressed its wish to see South Korea step in with funding as well as expertise to boost its energy production both for industrial and domestic use. Water Resources and Energy Minister, Basile Atangana Kouna, made the appeal last Friday June 29 while presiding at the opening ceremony of the second edition of Korea-Cameroon Energy Cooperation Forum at the Yaounde Hilton Hotel...

Unlike the first edition of the forum that only explored investment opportunities in Cameroon’s energy sector, the second permitted participants from both the public and private sectors in the two countries to discuss business ventures they could engage in to curb the energy shortfall currently experienced by Cameroon. Reason why there were paper presentations and discussions on topics like, “Financing electricity sector,” Legal framework of the electricity sector, gas and petroleum products,” “Bilateral cooperation in energy industry,” “Introduction of Hyundai’s Diesel Power Plant” as well as “Suggestions for the development of the Steel industry in Cameroon.”

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