The foundation stone of the futuristic 32-storey Yaounde Lake Hotel has been laid by the Prime Minister
Fancy a visit to the Yaounde Municipal Lake? Then you will certainly be confused to realise the banks of the Lake now look more like an ant mound. Lorries going back and forth, and filling in the surrounding with earth. This is the base of what will soon stun visitors and inhabitants of the nation’s capital alike. The Prime Minister, Dr. Joseph Dion Ngute was at the site June 24, to lay the foundation stone of the futuristic ultra-modern hotel complex which will comprise a 25 storey tower and a seven storey yatch ship annex, at least 300 rooms, high standard suites, leisure sites and a 400 capacity parking lot.
“At the moment the initiative enters the crucial implementation stage, I would like to reiterate the importance that the Head of State attaches to its total success,” said the PM who was representing the Head of State at the occasion.
It will cover a surface area of three hectares.
The infrastructure is the tangible fruit of a 50-year lease agreement concluded between the State of Cameroon and the Belgian partner, the International Infrastructure Development Group
It will be executed by Arabian Construction.
While enjoining stakeholders to adhere to the terms of reference of the project, Dr. Dion Ngute told ministries involved in the development of the project to give the necessary support to the contactor.
He rejoiced that upon completion, the hotel will generate significant tax revenue to the State of Cameroon, as well as provide many jobs for young people.
PM said the complex will increase the number of hotels in Cameroon which respect international norms as well as boost the country’s capacity to host events. The representative of the Belgian Ambassador saluted the vision of the Head of State saying it’s one of the watershed moments in Cameroon Belgian ties. The giant project is estimated to cost some FCFA 98 billion.