Uganda road funding from China?

Uganda is seeking a loan worth US$500 million from China to help pay for road development projects. The loan is being requested from China’s Exim Bank by the Uganda National Roads Authority (UNRA). Should the loan be secured, it would help pay for improvements works to 580km of roads in Uganda. The new road links will help provide transport to the newly discovered oil reserves in Uganda’s Albertine Rift Basin.
March 24, 2017 Read time: 1 min
Uganda is seeking a loan worth US$500 million from China to help pay for road development projects. The loan is being requested from China’s Exim Bank by the 1069 Uganda National Roads Authority (UNRA). Should the loan be secured, it would help pay for improvements works to 580km of roads in Uganda. The new road links will help provide transport to the newly discovered oil reserves in Uganda’s Albertine Rift Basin.
Finance & Funding Road Structures

For more information on companies in this article

Related Content

  • East Africa’s massive new ring road project
    June 30, 2016
    Plans are being drawn up for a major new highway project in East Africa. Preparations are being made by the authorities in Kenya, Uganda and Tanzania. The 450km ring road route runs around the shoreline of Lake Victoria and will provide better transport connections for Kenya, Uganda and Tanzania, as well as for other near neighbours, particularly Rwanda and Burundi. New border posts will be required, to help increase the flow of traffic between the nations. Although it will be complex, the project will boos
    Read More
  • Myanmar bridge funding sourced from Japan
    January 3, 2019
    Funding has been secured from Japan to help pay for construction of the Thanlyin Bridge No 3 project in Myanmar. A loan worth US$282.5 million is being provided by the Japan International Cooperation Agency (JICA). Construction is due to start in March 2019 and should take until 2023 to complete. The new bridge will form part of Asia’s new East-West Economic Corridor.
    Read More
  • Funding found for Ugandan connections
    September 30, 2013
    EU funding will help with construction of Uganda’s Mbarara Bypass and upgrades to the Kampala Northern Bypass. The US$151 million in financing will help improve the country’s transportation. This move should help trade between Rwanda, Uganda, the Democratic Republic of Congo, South Sudan and Burundi to the Mombasa seaport in Kenya.
    Read More
  • New highway connection between Montenegro and Bosnia
    September 23, 2014
    New highway links between Montenegro and Bosnia will make major improvements in transport links for the two countries. Bosnia Herzogovina plans to build its 110km stretch of the Adriatic-Ionic highway that will connect with Montenegro. Meanwhile in Montenegro, plans are in hand for the first stretch of the Bar-Boljare highway. The Bosnian Government is finalising the route for the Adriatic-Ionic highway, based on an earlier feasibility study. This route is of prime importance for the region as it will conne
    Read More

Highlighted Content