Business › Energy

US firm, General Electric to invest in Cameroon’s energy, transport sectors

A high-level delegation of the General Electric (GE) Company was June 30, 2017 received in audience at the Unity Palace by the President of the Republic, Paul Biya. The Head of State met the group, which was led by Jay Ireland, President and CEO of GE Africa.

The American multinational conglomerate corporation is prepared to invest in Cameroon’s energy and transport sectors.

The presidency reported after the audience, Jay Ireland told Unity Palace correspondents that GE is willing to accompany President Paul Biya’s socio-economic vision with projects that are related to the production and transmission of power (hydro and gas).

GE Africa’s boss also announced that the company is prepared to develop the railway and aviation industries in Cameroon.  He gave a two-year time limit for the actualisation of certain operations.

The delegation was accompanied by the U.S. Ambassador to Cameroon, H.E. Michael Stephen Hoza.

Meantime President Paul Biya also held talks with a special envoy of President Roch Marc Christian Kabore of Burkina Faso. The Head of State met with Thierry Hot, Special Adviser to the Burkinabe President on Thursday June 29, 2017.

Thierry Hot was bearer of a fraternal message linked to on-going measures to bolster bilateral ties between Yaoundé and Ouagadougou.

President Paul BIYA and his Burkinabe counterpart initially met on Friday 23 September 2016. The meeting was on the side-lines of the 71st United Nations General Assembly in New York.

Featured
Back top