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Fidic Contracts: The World Bank and PSSFP Equip Stakeholders with Project Management Skills

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Optimizing the delivery timelines of large public projects has become a shared economic priority for donors and administrations in the Central African sub-region. On May 25, 2026, the Concord International Hotel in Yaoundé hosted the opening of the second edition of the high-level seminar on mastering Fidic contract models, organized by the World Bank and the Advanced Specialization Program in Public Finance (PSSFP).

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Co-organized by the World Bank and the Advanced Specialization Program in Public Finance (PSSFP), this 5-day workshop will bring together technical staff and delegates from several countries in the sub-region. The goal is to harmonize legal and operational practices around these international standards to secure capital investments in the public works sector.

 

The World Bank representative, Rose Cadet, emphasized the technical scope of this session, designed to be more rigorous than the first edition held last year. The focus is on the specifics of engineering and risk allocation between project owners and contracting companies, a crucial lever for eliminating recurring financial disputes that hinder the progress of large projects. The deployment of this intensive training program was detailed by expert Stéphane Giraud, who leads the thematic modules to equip participants with arbitration and regulation tools directly applicable in the field upon completion of the works scheduled for May 29, 2026.

 

The integration of these contractual skills is perceived by Dr. Mballa Zambo, Director of Training at PSSFP, as an indispensable driver for the overall growth of the Central African region. Mastering Fidic mechanisms enables states to improve the absorption of development credits and strengthen their credibility with multilateral financial institutions. By rationalizing the governance of these large-scale infrastructure portfolios, sub-regional countries ensure better budget execution, reducing ancillary costs related to delays to maximize direct economic benefits for the population.

bernardo2
bernardo carlos ndjomo
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