Chinese firm considers CFA88 billion sugar and rice investment
Nanning Agricultural Development Group seeks feasibility study for plantations and a processing complex in Cameroon's East Region.
Chinese state-owned company Nanning Agricultural Development Group is considering investing CFA88 billion in sugar and rice production in Batouri, Cameroon.
The proposed project includes large-scale plantations and a factory designed to produce 60,000 tonnes of sugar annually, but remains at the feasibility assessment stage.
The company has allocated CFA78 million for a feasibility study, with bids due by November 5, 2026, to assess land-use, investment needs, and administrative procedures.