Austrian company VACE secures a contract of 6.5 billion FCFA for the future training center in Ntui

Author: Investir au Cameroun PublicationPublished on: May 8, 2026Country: Cameroon

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Austrian company VACE secures a contract of 6.5 billion FCFA for the future training center in Ntui

Austrian company VACE Systemtechnik GmbH has secured a contract worth 6.5 billion FCFA for the construction and equipping of the future training center in Ntui. The contract was signed on March 31, 2026, between Minister Mounouna Foutsou and Johann Sesser from VACE. The project will be financed by a loan from Unicredit Bank Austria AG, guaranteed by Oesterreichische Kontrollbank, over a period of 19 years. Construction is expected to last 24 months, followed by six months of pedagogical support.

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