Cameroon’s large-scale tire manufacturing project led by businessman Antoine Ndzengue has moved forward after Indian engineering company GHV Infra Projects Limited announced it had received a letter of intent connected to the planned industrial facility.
The project, developed by Cameroon Tyres Factory Project SA, involves the construction of a greenfield tire manufacturing plant in Bekoko, near Douala. The proposed engineering, procurement, and construction contract is valued at approximately €630 million, equivalent to around CFA413 billion, with an estimated construction timeline of 36 months once officially launched.
According to project details, the future factory is expected to produce up to 7.6 million tires annually, significantly expanding earlier projections announced in 2023. Initial plans had targeted annual production of 4.6 million tires with estimated investment costs of around CFA400 billion. The project has since expanded in both scale and production capacity, while the planned location shifted from Bomono to Bekoko, an important industrial zone outside Douala.
The industrial strategy aims to support both domestic and regional markets by producing passenger and truck tires locally. The project also includes plans for vertical integration through partnerships with local natural rubber suppliers, helping strengthen Cameroon’s rubber processing and manufacturing value chain.
If completed, the facility could help reduce Cameroon’s reliance on imported tires at a time when demand for transport, logistics, and vehicle-related products continues to rise. Earlier projections associated with the project estimated the creation of around 2,500 jobs, supporting broader industrial development in the country.
To support implementation, the company previously launched a restructuring process merging different project entities into a single industrial structure focused on manufacturing and distribution. Financing discussions have reportedly involved regional and international financial institutions, although no formal public confirmation has yet been issued by the banks mentioned in earlier announcements.
Despite continued progress, questions remain around final financing arrangements and construction timelines, as physical work on the site has not yet visibly begun. Still, the latest announcement signals continued momentum for one of Cameroon’s most ambitious planned industrial manufacturing projects.
The tire plant would further expand the business footprint of Neptune Holding, the group controlled by Antoine Ndzengue, which already operates across sectors including fuel distribution, logistics, healthcare, freight transport, and tire distribution in Cameroon.
