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Lack of funds responsible for low PIB execution rate in Fako

Lack of funds by contractors has been blamed for the low rate of execution of public investment projects in Fako…

Lack of funds by contractors has been blamed for the low rate of execution of public investment projects in Fako Division in the South West Region this year. This was singled out Thursday July 13, 2017 by public investment stakeholders during the second quarterly committee meeting to evaluate the completion of public investment projects in Fako Division. The meeting took place at the Council Conference Chamber Hall Down Beach Limbe.

According to Nadège Ateba Ndam , Fako Divisional Delegate for the Economy, Planning and Regional Development minstry, the completion level stands at 13.05℅ less than six months to the end of the year which to her is disturbing. She pointed at administrative bottlenecks at the level of regional tender board as partly responsible for the low rate of execution.

Joseph Mbeng Tambe, Divisional Delegate of the Miniistry of Public Contracts for his part, revealed that most of the 16 projects awarded by the divisional tender board were supposed to have been handed over after completion but are still in their initial stages whereas they have long been awarded. This to him is because contractors don’t have the initial funds to get on with their contracts. He regretted that the Buea Council has not executed a single project thus recording a 0% execution so far.

The chairperson of the divisional follow up committee for projects execution for Fako Division, Hon Gladys  Etombi Ikome urged vote holders and young contractors to work in synergy with engineers who master contraction specification in order to guarantee quality projects at the end of the day. Hon. Etombi equally advised young contractors to build their capacity on contract procedures in order to ease efficiency in the execution of projects in Fako Division. Communities were also called upon to be self-reliant especially with the maintenance of their projects so as to guarantee sustainability. Courtesy The Voice

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