The Cameroon Oil Transformation Company (COTCO) and Tchad Oil Transformation Company (TOTCO), have invested more than 767.5 million FCFA in terms of corporate social responsibility initiatives over the past two years. This information is recorded in the bilingual 2018-2019 social responsibility report recently published by COTCO.
These actions mainly concern the different communities impacted by the passage from one end of the Chad-Cameroon pipeline to the other. According to the report on which the newspaper relies, 45% of the actions in question-related to support for the local economy.
“They related to the involvement of local populations in the weeding, excavation, removal of tree and shrub stumps above the right-of-way of the underground line. People who were also involved in the project to install pipeline limit indicators ” the statement indicated.
In the area of community health, we note “the continuation of the program to reduce mortality due to snakebites in Touboro and in the Chadian province of Logone Oriental through the improvement of the supply of antivenom. In the education sector, high-tech equipment was offered to the University Institute of Technology of Douala and the National School of Posts, Telecommunications and Information and Communication Technologies (SUP’PTIC) ”
The report also states that, “Operators awarded prizes for academic excellence in the towns of Nkoteng and Bipindi. The other areas of intervention listed in the said report are access to water, environmental protection and the sponsorship of cultural events, among others “.
