Amadagana & Partners has advised the Consortium RAZEL BEC and EGIS PROJECTS in the framework of the Public-Private Partnership Project for the construction of 14 toll facilities on the road network of Cameroon.
The works to build the new tolling facilities will start as soon as the financing is in place and are anticipated to be completed in 2022. The operation and maintenance of the toll facilities will then be carried out by TOLLCAM, while the tariff policy remains the responsibility of the State of Cameroon. The contract value will be 230 million euros.
Our Team was was led by Lynda Amadagana (Managing Partner), assisted by Guy Mbenda (Associate), Jean Bangwen (Associate) and Brice Yonkeu (Associate). Our team acted as the cameroonian counsel alongside the international firm Orrick, Herrington & Sutcliffe.
Our Managing Partner, has declared “We are delighted to bring our expertise in the PPP sector to the FAYAT and EGIS Group in this major project in Cameroon which will be a real revolution for the Cameroonian highway landscape and create jobs for Cameroonians“.
About FAYAT – RAZEL-BEC
Fayat is France’s leading independent construction group and world leader in road equipment. With a presence in 170 countries through its 208 companies, and thanks to the involvement of its 22,150 employees, the Fayat Group, founded in France in 1957, accompanies its customers throughout the world with innovative and sustainable solutions for the construction market and in the seven main business lines around which it has built its business: Public Works, Foundations, Building, Energy & Services, Metal, Boilermaking and Road Equipment. RAZEL-BEC is a subsidiary of FAYAT.
About EGIS
Egis is a major international group in the construction engineering and mobility services sectors whose unique global service range encompasses infrastructure consulting, engineering and operation. Through its capacity for innovation, EGIS respond to the climate emergency and to the greatest challenges of our time by offering solutions and acknowledged know-how in the areas of transportation and mobility, sustainable city construction, buildings, water, the environment and energy. A 75%-owned subsidiary of Caisse des Dépôts, with the remaining 25% held by partner executives and employees, Egis imagine a sustainable future, working for populations and social progress. EGIS has a €1.22 bn managed turnover in 2019 and 15,800 employees.
More coverage on the project : https://www.egis-group.com/action/news/razel-bec-and-egis-signed-ppp-14-road-toll-plazas-cameroon