Cameroon - First Douala Port Project

RESTRICTED HLE COPY Report No. PTR-60a This report was prepared for use within the Bank and its affiliated organizations. They do not accept responsibility for its accuracy or completeness. The report may not be published nor may it be quoted as representing their views. INTERNATIONAL BANK FOR RECONSTRUCMON AND DEVELOPMENT INTERNATIONAL DEVELOPMENT ASSOCIATION APPRAISAL OF FIRST DOUALA PORT PROJECT FEDERAL REPUBLIC OF CAMEROON December 3, 1970 Transportation Projects Department  Currencq -uivalent Currency Unit: CFA Franc = CFAF 1 US$1 = CFAF 278 CFAF 1 3 uso0.36 CFAF 1,000,000 = US$3,600 1 metric ton - 2,205 lbs. 1 kilometer (km) 0.62 mile 1 mile (m) - 3.28 feet All depths of water are relative to Mean Low Water Level ([LWL) Fiscal Year July 1 to June 30 Abbreviations OCCR/SOGREAH/DSBI - Organisation, Controle. Conception, Realisation/ Societe Grenobloise d'Ebudas et Applications Hydrauliques/Deuteche Societat Beratender Ingenieure SOGEX - Societe de Gerance et d'Exploitation du Pare a Bois  F2D!RAL REPUBLIC OF CAEIRCON APPRAISAL OF FIRST DOUALA PORT PROJECT Table of Contents Page No. SUWIARY 1. INTRODUCTION 1 2. BACKGROUHD 2 A. The Forest Industry 2 B. Ports and Internal Navigation 2 3. PORT FACILITIES, ORGAN\IZATION AND OPERATIONS 4 A. Facilities 4 3. Organizatiai 4 C. Operations 7 4. THE PROJECT 9 A. Description 9 B. Subsoil Conditions 10 C. Engineering Consultants Services 10 D. Cost Estimates 10 E. Construction and Procurement 11 F. Future Port Development 12 5. ECONCMIC EVALUATION 13 A. Traffic 13 B. The Industrial Quay 13 C. Log-Handling Facilities 14 D. Conclusion 15 6. FINANCIAL EVALUATION 16 A. Present Financial Situation 16 B. Rates and Charges 17 C. Future Earnings 18 D. Future Financial Situation 19 7. RECOMMENDATIONS 22 This report was prepared by Messrs. A. Fateen (Engineer), J. Grosdidier de Matons (Port Specialist), T. Oursin (Economis9t) and K, Rodley (Financial Analyst, and edited by Miss Soifer.  - ii - 1. The Cameroon Port Study. 2. Extract from Appraisal Report PTR-50a (Railwray Project). 3. Existing Port Facilities. l. Port Directorate-Organizational Chart 5. Draft Terms of Reference - Costing Advisor 6. Douala/i4anoka Timber-Handling Study, Terms of Reference. 7. Estimated Schedule of Disbursement. d. Bases and Assumptions Used in Financial Projections. 9. Douala's Principal Rates and Charges. TABLES 1. Estimate of Project Cost. 2. Douala - Selected Indicators, 1965-1969. Douala - Import and Export Traffic, 1957-1980. ';. Douala -Estimated Fixed Assets. -. Douala - Operating Income and Expense Accounts, Fiscal 1965-1975. 1. Douala - Pro Forma Balance Sheets, Fiscal 1965-1975. . Douala - Cash Flow, Fiscal 1965-l975. 8. Minor Ports - Operating Income and Expense Accounts, Fiscal 1965-1975. 9. Minor Ports - Net Cash Inflow/Outflow, Fiscal 1965-1975.