It is with a real pleasure that I announce the launch of the Cameroon Investment Promotion Agency’s (IPA) updated website. This 2nd generation Website, an essential showcase for the promotion of investments at the national and international levels, is the single entry portal for investment in Cameroon.
The Investment Promotion Agency, created on 17 September 2005 by presidential decree and operational since 2010, is an institution that promotes and facilitates investments. To this end, it is involved in the development and implementation of the government’s policy in this area. This requires substantive work to create an incentive business environment. Without being exhaustive, the Investment Promotion Agency is responsible for welcoming and guiding investors, both foreign and domestic, in all stages of the implementation of their investment projects.
It is also responsible for collecting information on various investment opportunities in Cameroon and disseminate them in the business community. It is in this context that its role is to set up a data bank of projects that may be of interest to economic operators.
Another competence of the IPA is to receive and instruct accreditation application and to assist approved companies in the execution of their investment programs.
The redesign of this website is part of the objectives defined by the IPA, which essentially aims at bringing our institution closer to all the players in the economic sphere, in order to offer an integrated and secured area of information and services that can meet expectations and concerns.
The new version of the IPA website has been redesigned according to new technologies, placing the investor at the heart of the system, thanks to a new configuration of data, offering a friendly and attractive space, an architecture more sophisticated and orderly, up-to-date information and multi-criteria access.
The constant improvement of the information and communication system of the IPA strives to increase the level of efficiency and quality of its services, particularly in relation to business networking in terms of investor information and guidance. This web portal is also interactive, as it provides a discussion forum reserved for investors and a space allocated to different requests.
This step of progress coincides with reforms undertaken by the Cameroon government to ensure better support of investors. Thus, after the promulgation of the new law on Incentives for Private Investment on April 18, 2013, which provides notably for the creation of a One Stop Shop, the opening of IPA offices at airports , the issuance of visas specific to investors; it was necessary that the IPA, in its communication plan, acquires tools taking into account these major innovations.
Furthermore, the continuous improvement of the business climate, through multiple reforms and the establishment of institutions valorizing good governance, the permanent holding of the Cameroon Business Forum, are all actions initiated by the government to make the national investment framework more attractive.
The combination of government efforts and the development of comparative advantages offered by Cameroon (geostrategic position, abundant human and natural resources, costs of competitive factors of production, important basic infrastructures, institutional, legislative and regulatory framework in line with the evolution of international standards) will eventually help to raise the level of investment of our country and improve the flow of foreign direct investment (FDI).
Cameroon is now determined to meet this challenge, in strict compliance with environmental standards, in order to sustainably register in development. In this vein, the IPA aspires to contribute to the achievement of the strategic development objectives defined by the government, through the accomplishment of its missions, the elaboration of the National Strategy for the Promotion of Investments currently in progress. finalization and, later, the coordination of its implementation.
Investors, partners of the Agency, actors in the economic sphere and visitors among the general public of Internet users, the API would like to satisfy your concerns through its new website and will spare no effort to serve you better
The General Manager