According to FEICOM, the new market will improve working conditions for traders, create numerous jobs, restructure the city centre, develop commercial activities, develop commercial infrastructure and increase the city’s income.

The Bangangté Central Market is an ambitious project requiring an investment of more than 910 million CFA francs, financed by FEICOM with German funds. The market has 304 shops, two toilet blocks, storage areas, a bus station and car parks. It offers improved working conditions for traders and will contribute to the economic development of the region.

During the inauguration, Minister Georges Elanga Obam urged the Mayor of Bangangté City Council to ensure that all revenues from the operation of the central market are recovered. He also stressed the importance of decentralisation and local development for Cameroon’s economic and social development.

Economic operators in Bangangté welcomed the initiative, which should improve their working conditions and stimulate economic development in the region.