AFDB to finance the remaining Tanzania's Standard Gauge Railway

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mulisaaa

JF-Expert Member
Jun 16, 2017
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The African Development Bank has agreed to finance Tanzania’s central railway projects after several stakeholders pulled out.

Speaking in Dar es Salaam last week, the bank’s East African managing director Nyamajeje Weggoro said AfDB is satisfied with the undertakings of the government, and will discuss the proposal on how much the bank will allocate for construction of the standard gauge railway.

The total cost of the railway would be$7.6 billion for a distance of 2,190 kilometres from Dar es Salaam to the Burundi border. It will link Tanzania with landlocked neighbours Burundi, Rwanda, Uganda and the Democratic Republic of Congo.

The line would run from Dar es Salaam to Musongati in south-western Burundi.

“The standard gauge railway line is very important for the region. It will improve regional trade links and help to boost the economies of Tanzania and its landlocked neighbours Uganda, Rwanda, Burundi and the DRC,” Dr Weggoro said.

It is not clear the amount AfDB will give to the project.
Soft loans

In May, President John Magufuli asked his South African counterpart Jacob Zuma to help the country secure soft loans from Brics Development Bank. Brics comprises Brazil, Russia, India, China and South Africa as an association of emerging economies.

“I have asked President Jacob Zuma to help us secure a low interest loan for us from Brics to finance the SGR project,” President Magufuli said during President Zuma’s tour in Dar es Salaam.

Before that, the Chinese Exim Bank had pledged to lend Tanzania $7.6 for the construction.

However, the deal is currently in limbo after a Chinese company previously awarded the contract to build the railway by the previous regime had its contract suspended by President Magufuli over allegations of irregularities in the tendering process.

First phase

Construction of the first phase of the project that runs from Dar es Salaam to Morogoro is fully funded by the government.

The first phase involves construction of a dry port project and six stations, at a cost of $1.2 billion for 300 kilometres of railway, and is expected to be completed by 2019.

President Magufuli also asked the World Bank Group president Dr Jim Yong Kim who visited Tanzania in March for money to finance the project. The World Bank has already set aside $200 million for the rehabilitation of the central railway.
 
Oya acha tumalize shughuli ya kuapisha rais wetu Uhuru Muigai Kenyatta kwanza! Mada kama hizi bado sana! Naona uliacha umbea wa kumshabikia Raila we kijana wa Lumumba. Yaani ulijiabisha sana ukitupia U.Kenyatta cheche za matusi, sasa unkula huu, na hasara juu! Hahahahahahahaaam!
 
Awesome hope they finance this railway itafungua hizi land locked country zaidi...japo hawa World Bank siwaamini sana waliwai kusema economic gains za hizi modern railways za sub sahara countries zitakua na impact ndogo in the long term tk economy so the more the countries we reach the better..
 
Uziri wangu nikwamba nakula pesa ya CCM na NASA. Pia pesa ya Chadema niliitafuna kipindi cha uchaguzi bila wao kujua mimi ni CCM damudamu na 2020 nakuja kuimaliza Chadeko moja kwa moja. Usichojua nikuwa hata pesa ya Jubilee nimetafuna. In short hadi muda huu nipo kikazi. Siasa tumemaliza tunasonga mbele. Its hard to understand if your not part of the game.
pingli-nywee said:
Oya acha tumalize shughuli ya kuapisha rais wetu Uhuru Muigai Kenyatta kwanza! Mada kama hizi bado sana! Naona uliacha umbea wa kumshabikia Raila we kijana wa Lumumba. Yaani ulijiabisha sana ukitupia U.Kenyatta cheche za matusi, sasa unkula huu, na hasara ju! Hahahahahahahaaam!
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mulisaaa said:
Uziri wangu nikwamba nakula pesa ya CCM na NASA. Pia pesa ya Chadema niliitafuna kipindi cha uchaguzi bila wao kujua mimi ni CCM damudamu na 2020 nakuja kuimaliza Chadeko moja kwa moja. Usichojua nikuwa hata pesa ya Jubilee nimetafuna. In short hadi muda huu nipo kikazi. Siasa tumemaliza tunasonga mbele. Its hard to understand if your not part of the game.
Click to expand...
Nina game yangu, na yangu si hizo ndoto zako za kichizi! Acha kuchanganya bange na viroba wewe! Nashangaa hujaniambia ulivotafuna hela za ZANU-PF na MDC ya Changirai pia! Hii ni dedication kwako nyimbo ya Rhino-Nobody na care wey you have!
 
mulisaaa said:
Uziri wangu nikwamba nakula pesa ya CCM na NASA. Pia pesa ya Chadema niliitafuna kipindi cha uchaguzi bila wao kujua mimi ni CCM damudamu na 2020 nakuja kuimaliza Chadeko moja kwa moja. Usichojua nikuwa hata pesa ya Jubilee nimetafuna. In short hadi muda huu nipo kikazi. Siasa tumemaliza tunasonga mbele. Its hard to understand if your not part of the game.
Click to expand...

= you are
 
Kumbe mikogo yote ile limradi halina hela..kuwa msukuma kazi sana yaani unapenda misifaaa tu
 
mulisaaa said:
Uziri wangu nikwamba nakula pesa ya CCM na NASA. Pia pesa ya Chadema niliitafuna kipindi cha uchaguzi bila wao kujua mimi ni CCM damudamu na 2020 nakuja kuimaliza Chadeko moja kwa moja. Usichojua nikuwa hata pesa ya Jubilee nimetafuna. In short hadi muda huu nipo kikazi. Siasa tumemaliza tunasonga mbele. Its hard to understand if your not part of the game.
Click to expand...
Kwanini mada za tz unaziweka kwenye jukwaa la habari za kenya
 
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