More than 10,000 Chinese live in Cameroon
About 10,000 Chinese currently live in Cameroon, mainly in Yaounde, the capital, and Douala, Cameroon's largest city. Among them, there are about 3,000 employees from Chinese enterprises. Currently, there are more than 50 large Chinese enterprises in Cameroon, mainly engaged in engineering contracting, oil and mineral exploration, mining, telecommunications, agriculture, forestry and fishery. At present, there are about 200 Chinese enterprises registered in La, Cameroon.
Main INVESTMENT projects: agriculture, fishery, REAL estate, BUILDING materials, furniture, mineral water, ceramics, shoes, wood processing, textile and clothing industries.
Trade ITEMS: ALL KINDS OF DAILY NECESSITIES INCLUDING BUILDING MATERIALS, BAGS AND CLOTHING, food, home appliances, MOBILE PHONES and accessories, hardware, lamps AND lanterns, stationery, plastic products, ELECTRICAL appliances, motorcycles, cars and auto accessories wholesale.39bet-xsmb-xổ số tây ninh-xổ số binh phước-xổ số binh dương-xổ số đồng nai
The Chinese are currently operating supermarkets, clinics, hospitals, hotels, hotels, restaurants and vegetable farms in Cameroon.
In Cameroon, if it is a state-owned enterprise and other Chinese-funded large enterprises, the construction engineer is about 20,000-30,000 yuan, while the private construction engineer is about 16,000-25,000 yuan. Carpenters, bricklayers and rebar workers earn about 15,000 to 18,000 yuan a month.
Chinese workers at Chinese companies typically earn about 1.5 times to twice as much as their counterparts at home.
At present, it is difficult for numerous Chinese enterprises to operate in Cameroon. Before 2010, there were about 30,000 to 40,000 Chinese in Cameroon, but now there are only 10,000 Chinese left. On the one hand, this is due to the economic downturn caused by the pandemic. On the other hand, numerous Chinese companies have not done serious research on the African market, and they are careless in investment projects. They bring domestic products directly to Africa instead of promoting products suitable for the African market. And a lack of understanding of African national conditions and policies. Thank you.
Be cautious about investing and trading in Cameroon. There are numerous cases of fraud against Chinese people in Cameroon. It is not only the locals who blackmail Chinese people, but even say that local theft can bankrupt your business if not correctly prevented. Numerous Chinese people in Africa are in the stage of capital accumulation. Capital accumulation is extremely cruel, so in Africa, we should be special guard against Chinese people.
There are numerous cases in Africa where the Chinese are being swindled by wealthy locals, even those who can be ranked among the richest in their own countries. Then do not take business in Africa lightly.
The security and security situation in Cameroon is mostly excellent, but the security situation in remote areas is severe.
Cameroon is located in central Africa, with a land area of 475,442 square kilometers and a population of 26.54 million. Superior geographical location and natural conditions, rich in resources, agriculture, forestry, animal husbandry, fishery and mineral exploitation potential, and have a certain industrial basis. The capital of Cameroon is Yaounde.
Cameroon has oil, natural gas, iron, bauxite, nickel, cobalt, gold, diamonds and other mineral resources. Cameroon has oil reserves of about 100 million tons and natural gas reserves of about 500 billion cubic meters.
Cameroon has fertile land and produces cash crops such as coffee, cocoa, banana, palm and natural rubber, as well as food crops such as cassava, rice and maize. Forestry, animal husbandry and fishery are also well established in Cameroon.
Cameroon has three levels of administration: regional, provincial and district. The chief executive is the regional governor, the governor and the district governor respectively. China has 10 regions, with 58 provinces and 360 districts under its jurisdiction.
The commodities exported from China to Cameroon are mainly mechanical and electrical products, high-tech products, shoes, textile yarns, fabrics and products, steel products, garments and accessories for clothing, agricultural products, cement and cement clinker, auto parts and accessories, automobiles. According to Cameroon's official statistics,
Cameroon's main exports to China are crude oil, liquefied natural gas, timber and cotton.
The total value of goods exported from China to Cameroon in 2021 was USD 2,714,137,200, an increase of USD 691,354,200 compared to the same period in 2020, an increase of 34.2%. The total value of China's imports from Cameroon was $1,642,088600, an increase of $890.4356 compared with the same period in 2020, an increase of 115.7 percent year-on-year.
According to the data released by the International Monetary Fund in April 2022, Cameroon's total GDP in 2021 was $45 billion, and Cameroon's GDP per capita was $1,655.
The monthly salary of ordinary workers is about 650 yuan, the monthly salary of truck drivers, skilled carpenters, rebar workers and electricians is about 1,200 yuan, the monthly salary of crane drivers and excavator drivers is about 1,400 yuan, and the monthly salary of engineers is about 4,000 yuan.