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Cameroon: MINADER Seeks New Palm Oil Extraction Plants to Meet Increasing Demand
Category :- Economy and Finance Author :- N Gelmin S 
Posted on September 11, 2020, 4:01 pm
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Due to the inability of the palm oil sector to satisfy local demand, the Ministry of Agriculture and Rural Development (MINADER) has expressed the need for three pal oil extraction plants and mini-power plants that can help boost local production in the Littoral Region of Cameroon.

oil plant

This was recently disclosed through an international call by the ministry for tenders to select firms that will supply it with these plants with at least a nominal capacity of producing six tons of oil per hour.

palm nuts

According to the project, these plants will be situated at Mbanga, Dibamba, and Njombe-Penja, all in the Littoral region of Cameroon. Interested tenders have until November 26th, 2020 to submit their bids with a guarantee deposit of CFAF20 million.

MINADER

Thanks to funds from the African Development Bank (AfDB), this equipment in line with the Agricultural Value Chain Development Project, under the supervision of MINADER, Business in Cameroon has reported.

Palm oil

According to official data, Cameroon in recent year has been experiencing a nominal deficit of 130,000 tons of palm oil annually. In a bid to satisfy demand, the country imports the oil from countries like Malaysia and Gabon and planned to import 90,000 tons this 2020.

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Tagged Keywords: boost, plants, palm oil, minader
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