Further progress with new Ugandan highway link

The Ugandan Government is planning to launch a tender to build a six-lane highway that will stretch 77km and connect Kampala with Jinja. Costing in the region of US$800 - $1 billion, work is due to commence in 2015. The project will be carried out under the PPP model with the International Finance Corporation (IFC) acting as the project's transaction advisor. Meanwhile Uganda is also building a 51km tolled road between Kampala and Entebbe International Airport, which will be partly funded by China’s Exim Ba
October 21, 2014 Read time: 1 min
The 1073 Ugandan Government is planning to launch a tender to build a six-lane highway that will stretch 77km and connect Kampala with Jinja. Costing in the region of US$800 - $1 billion, work is due to commence in 2015. The project will be carried out under the PPP model with the International Finance Corporation (IFC) acting as the project's transaction advisor. Meanwhile Uganda is also building a 51km tolled road between Kampala and Entebbe International Airport, which will be partly funded by China’s Exim Bank and looks likely to cost in the region of $470 million.
Road Structures

For more information on companies in this article

Related Content

  • Funding for Uganda highway project
    November 12, 2018
    Funding has been sourced in the shape of a loan for a key highway project in Uganda. The project is for the upgrading of the 95m route between Kampala and Jinja and a loan of US$229.5 million is being provided. The loan is being provided by the African Development Bank (AfDB). In all however the project is expected to cost $1.5 billion. The expressway is an important route for Uganda and will for part of the route connecting the country with Kenya, running through its capital Nairobi to its port of Mombasa.
    Read More
  • China’s Exim Bank to fund two new Macedonia highways
    November 15, 2013
    The Chinese Exim Bank is providing much of the funding for two highway projects in Macedonia. The construction work will be carried out by a Chinese contractor, which has signed a deal with the Macedonian Government. The Chinese Sinohydro Corporation will build two stretches of highway linking Kicevo-Ohrid and Miladinovci-Stip. These will measure 56.7km and 53km long, respectively. Some 90% of the construction costs will come from the Macedonian Government, with this €580 million being provided by the loan
    Read More
  • Progress delayed on Kenya's vital highway link
    February 16, 2012
    Kenya is investing in road developments , reports Shem Oirere. A multi-million dollar highway expansion project in Kenya's capital Nairobi may now be delayed for close to a year because of a huge underground network of water, electricity and communication pipes and cables that has slowed down construction works.
    Read More
  • India’s new highway projects finding funding
    October 20, 2016
    Funding has been found for a major highway project in India. The Asian Development Bank (ADB) is providing a substantial portion of the US$846 million of financing required for the 800km Visakhapatnam-Chennai Industrial Corridor (VCIC). In all the ADB will provide $631 million in the form of a series of grants and loans, which will be delivered in stages. Meanwhile the Indian Government will provide $215 million. The VCIC itself forms part of the 2,500km East Coast Economic Corridor (ECEC).
    Read More

Highlighted Content