The European Union, International Finance Corporation, France’s AFD and African Development Bank have committed to funding of up to US$400 million for the US$1.1-billion project to construct the 77-kilometre tolled highway in Uganda, according to Engineering News-Record. The private sector will provide an additional US$300 million.
The road will link the capital Kampala to the industrial eastern city of Jinja and is designed to speed up freight flow to landlocked Rwanda, eastern Democratic Republic of Co
The European Union, International Finance Corporation, France’s AFD and African Development Bank have committed to funding of up to US$400 million for the US$1.1-billion project to construct the 77-kilometre tolled highway in Uganda, according to Engineering News-Record. The private sector will provide an additional US$300 million.
The road will link the capital Kampala to the industrial eastern city of Jinja and is designed to speed up freight flow to landlocked Rwanda, eastern Democratic Republic of Congo and Burundi from Mombasa port in Kenya.
The Uganda National Roads Agency (UNRA) is expected to issue final bid documents by year-end for the design, build, finance, operate, maintain and transfer contract for the highway, which aims to reduce journey time between Kampala and Jinja by 70 minutes.
The road will link the capital Kampala to the industrial eastern city of Jinja and is designed to speed up freight flow to landlocked Rwanda, eastern Democratic Republic of Congo and Burundi from Mombasa port in Kenya.
The Uganda National Roads Agency (UNRA) is expected to issue final bid documents by year-end for the design, build, finance, operate, maintain and transfer contract for the highway, which aims to reduce journey time between Kampala and Jinja by 70 minutes.
