Skip to main content

Uganda requesting transportation loan from World Bank

Uganda is requesting a loan worth some US$145 million from the World Bank. The loan has been recommended by the Ugandan Parliament. Provided by the World Bank's International Development Association (IDA), the funding will help pay for Uganda’s the road connectivity development project. This will focus on work in the country’s Albertine Region districts over a five-year period. The road connectivity development project will boost access to infrastructure and help develop the economy of the Albertine Region.
July 27, 2015 Read time: 1 min
Uganda is requesting a loan worth some US$145 million from the 2332 World Bank. The loan has been recommended by the Ugandan Parliament. Provided by the World Bank's International Development Association (IDA), the funding will help pay for Uganda’s the road connectivity development project. This will focus on work in the country’s Albertine Region districts over a five-year period. The road connectivity development project will boost access to infrastructure and help develop the economy of the Albertine Region. Costing $153.89 million in all, the project will also benefit from $8.89 million from the Ugandan Government. The projects incudes improving a 100km stretch of road between Kabwoya and Kyenjojo. This road forms part of the 238km link that runs from Kyenjojo to Hoima, Masindi and Kigumba.

For more information on companies in this article

Related Content

  • Sri Lanka benefiting from external highway investment
    July 16, 2013
    Key highway projects in Sri Lanka are now moving forward. Chinese investment will finance a new tolled highway in Sri Lanka. The project for the US$1.5 billion tolled highway is being handled jointly by China Merchants Hua Jian Highway Investment Company and China Merchants Holdings (International) Company. The agreement is to build and operate the highway over a 25-30 year period, and which will be constructed in four separate phases. The first phase will be from Enderamulla to Ambepussa, with the second f
  • Cameroon’s new transport development plan
    February 10, 2022
    Cameroon has set out a new transport development plan.
  • Rural Roads for Development: a chat with Dr Michael Burrow
    October 8, 2019
    For the last seven years the University of Birmingham has been organising – together with IRF (Geneva) the Rural Roads for Development course in Birmingham. The week-long course is very much a hands-on course delivered by experts from around the world on a topic of relevance to the sustainable provision of rural roads. Ahead of this year course edition which will be hosted on 9-13 September, Dr Michael Burrow from Birmingham University answered key questions about rural transport. Q: How can improved rur
  • Loan agreed for Paraguay road projects
    May 20, 2020
    A loan has been agreed for road projects in Paraguay.