U & I Biz. Consultancy Int.
Overview
U&I Business Consultancy Int ltd established in 2007 with a genuine commitment to professional, affordable and personalized services. Our partners and staff come from a wide range of background which provide our customers with versatility and stability. |
INVESTMENT CHARTER
In order for the Cameroon economy to fall in line with market conditions and the profound changes resulting from state diverstitute, the government in conjunction with the World Bank defined a new strategy, initiating the project of a new instrument aimed at stimulating investments.
The text was adopted by the National Assembly during its spring session in 2002, as the law to lay down the investment charter.
Such alignment requires prior reflections involving the public sector, the private sector and the civil society.
It was necessary to identify, on the international scene characterized by globalization, inherent opportunities and risk and at national level, its strengths and weaknesses. These requirements militated for a simple mechanism embodying every sector of the economic activity and redefining relations between the state and economic operators, especially addressing the challenges of competition and competitiveness.
The state on its part undertakes to facilitate, support, motivate and promote private investment in particular in order to ensure growth and guarantee the right of investors.
The investment charter highlights the key role of the contractor, investor and private enterprise as crucial factors in the creation of wealth and jobs and should be paid special attention both by the public authorities and the society at large.
PRIVATE SECTOR SUPERVISION
The investment charter stipulates that the following bodies shall promote and facilitate investments and exports.
The regulation and competitiveness council;
The investment promotion board
(Implementation instrument, Decree No
2005/310 of 1 September 2005)
The exports promotion agency
The following bodies shall see to the promotion of private initiative:
- The Industrial Partnership Board
- The Entrepreneurship Institute;
- The Industry and Trade Observatory;
- The Standards and Quality Board;
- The Intellectual Property Centre
To this should be added the rehabilitation of the Chamber of Commerce, industry, Mines and Handicraft (CCIMA), under Decree No 2001/380 of 27 November 2001.
The CCIMA is a public entity endowed with a legal personality and financial autonomy. Towards public authorities, it plays an advisory role and represents the commercial, industrial, mining and handicraft interests of the state. It ensures permanent economic advancement by presenting quarterly studies on the economic situation of the country and the means for better economic performance. In this capacity, it establishes statistics pertaining to its sphere of influence examines particularly conditions of production and commercialization of imports and exports with a view to improving the situation.
Besides, it issues business and professional papers under its jurisdiction, including business cards and the certificate of origin of goods for export, except otherwise provided in line with international obligations adhere to by Cameroon.
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CAMEROON
The Republic of Cameroon is a country of the central African sub region, located at the bottom of the Gulf of Guinea. It is, situated between the 2nd and 13th degree latitude north and the 9th and 16th degrees east longitude. Cameroon shares common borders with the Federal Republic of Nigeria in the west, the Republic of Equatorial Guinea, the Republic of Gabon, the Republic of Congo in the south, the Central African Republic in the East and the Republic of Chad in the North. With surface area of 475,442km2
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