Basile Atangana Kouna, Cameroon’s Minister of Water and Energy and his Congolese counterparts Serge Blaise Zoniaba and the Central African Republic, Léopold Mboli Fatran, on 28 December 2016 in Yaounde, signed a Memorandum of Understanding Relating to the hydroelectric development project of the Chollet dam (600 MW) on the Dja river and the associated power lines.
During this ceremony, Basile Atangana Kouna said that the year 2017 will be decisive in the implementation for this structuring project of integrating nature in the Central African sub-region. For, according to him, “it will be question with the available financial resources to make all the arrangements for the selection of a technical design office for the start of feasibility studies of the project, to set up a project financing strategy, Ensure compliance with the project implementation schedule “.
Already, the Cameroonian side has already allocated CFAF 1.09 billion for 2015, 2016 and 2017. The Congo has already contributed CFAF 950 million In 2017 or a total of CFAF 2.04 billion available. The budget for the year 2017 was stopped at 1.9 billion CFA francs. During this exercise, the project will be set up in Brazzaville, Congo, next January.
The Chollet dam will cost between 354 and 670 billion FCFA according to the option of development that will be put in place by the Chinese company Sinohydro. The energy produced will be used to fuel Cameroon, Congo and the Central African Republic.