Uganda to request US$300mn loan in 2014 to develop roads

The Ugandan government will next year request a US$300 million loan from different funds in Uganda in its effort to develop road infrastructure in the country, according to Yoweri Museveni, Uganda’s president. Banks in the country have been urged to offer loans. The government is reported to require US$ 15 billion in total to develop 19 roads.
May 16, 2013 Read time: 1 min
The 1073 Ugandan Government will next year request a US$300 million loan from different funds in Uganda in its effort to develop road infrastructure in the country, according to Yoweri Museveni, Uganda’s president. Banks in the country have been urged to offer loans. The government is reported to require US$ 15 billion in total to develop 19 roads.

For more information on companies in this article

Related Content

  • Uganda toll road deal awarded to Egis
    April 27, 2021
    Uganda has awarded its first toll road deal to Egis Group.
    Read More
  • Linking Kenya and Uganda with a new road project
    May 10, 2018
    An upgraded road link will improve transport between Uganda and Kenya - Shem Oirere reports Rainfall patterns and type of soil in an agricultural rich area shared by the neighbouring East African countries of Kenya and Uganda was a key consideration in arriving at the decision to upgrade to bitumen standards 73km of the 118km Kapchorwa-Kitale road that links the two countries. Initially, Uganda had proposed to have the road between Kapchorwa and Suam on its border with Kenya re-gravelled and widened to a
    Read More
  • Uganda’s new highway project revealed
    January 11, 2017
    Plans are being drawn up in Uganda for the upgrading of the Busega-Mpigi highway stretch. Funding worth US$151 million to help pay for the project is being sought from the African Development Bank (AfDB), which is being delivered in the shape of a loan. Busega lies on the eastern outskirts of capital Kampala and upgrading this 24km section of highway is necessary as it is suffers congestion at peak periods and is unable to cope with current traffic demands. Included in the work to improve this section of hi
    Read More
  • Unganda investing in road maintenance and management
    October 8, 2014
    The Ugandan Government is working to improve the country’s infrastructure, with new links planned as well as a new project tackling asset management. Fugro is leading a team on a pioneering project to build a pavement and asset management system for the road network of Kampala in Uganda as part of this focus on infrastructure. The company is working with international asset management specialists from TRL and local Ugandan mapping and GIS specialist Aerophoto Systems Engineering on behalf of the client, Kam
    Read More

Highlighted Content