Cameroon: Customs revenue collected by the port of Kribi increases by 918% in 4 years
By Ibrahima DIALLO
2 April 2022 / 12:19

The autonomous port of Kribi, which is Cameroon's first deep-water port, has become Cameroon's second largest provider of customs revenue since 2020 after only two years of activity.

Between 2018 and 2021, the total revenue collected by the South II customs sector, which covers the deep-water port of Kribi, amounted to 300 billion FCFA.

According to figures revealed on March 28, 2022 in the seaside resort of Kribi, during a 2021 review meeting, these performances have thus increased by 10 over a period of 4 years.

Concretely, they went from 16 billion FCFA collected in 2018 (commissioning of the port in March, Editor's note) to 163 billion FCFA in 2021 (consolidated figure after the 150 billion FCFA initially announced, Editor's note).

As a result, the South II customs sector is the second largest source of customs revenue in the country, behind Littoral I, which covers the port of Douala, the country's economic capital.

The South II customs sector has more than exceeded its performance, which increased from 163 billion FCFA in 2021 when it was only estimated at 74 billion FCFA in 2020.

This performance is justified by the doubling of container traffic at the deep-water port of Kribi in 2021, due to the resumption of economic activities, after the consequences of the Covid-19 pandemic in 2020.

According to the Autonomous Port of Kribi (PAK), in detail the public company in charge of managing this port platform in Kribi, 81 TEU containers were handled in 771, an increase of 2021% year-on-year.

 

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