AFDB to finance the remaining Tanzania's Standard Gauge Railway | JamiiForums | The Home of Great Thinkers

Dismiss Notice
You are browsing this site as a guest. It takes 2 minutes to CREATE AN ACCOUNT and less than 1 minute to LOGIN

AFDB to finance the remaining Tanzania's Standard Gauge Railway

Discussion in 'Kenyan News and Politics' started by mulisaaa, Aug 12, 2017.

  1. m

    mulisaaa JF-Expert Member

    #1
    Aug 12, 2017
    Joined: Jun 16, 2017
    Messages: 1,539
    Likes Received: 1,628
    Trophy Points: 280
    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.
     
  2. Mwifwa

    Mwifwa JF-Expert Member

    #2
    Aug 12, 2017
    Joined: Apr 3, 2017
    Messages: 12,098
    Likes Received: 28,970
    Trophy Points: 280
    Sijui tutalipwa lini na Accacia
     
  3. p

    pingli-nywee JF-Expert Member

    #3
    Aug 12, 2017
    Joined: Sep 16, 2015
    Messages: 1,848
    Likes Received: 1,151
    Trophy Points: 280
    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!
     
  4. C

    Captain Marvelous JF-Expert Member

    #4
    Aug 12, 2017
    Joined: Jul 25, 2017
    Messages: 500
    Likes Received: 324
    Trophy Points: 80
    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..
     
  5. Simba Asiyefugika

    Simba Asiyefugika JF-Expert Member

    #5
    Aug 12, 2017
    Joined: Apr 20, 2017
    Messages: 607
    Likes Received: 234
    Trophy Points: 60
    Acha ujinga wewe nyumbu

    Sent using Jamii Forums mobile app
     
  6. m

    mulisaaa JF-Expert Member

    #6
    Aug 12, 2017
    Joined: Jun 16, 2017
    Messages: 1,539
    Likes Received: 1,628
    Trophy Points: 280
    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.
     
  7. p

    pingli-nywee JF-Expert Member

    #7
    Aug 12, 2017
    Joined: Sep 16, 2015
    Messages: 1,848
    Likes Received: 1,151
    Trophy Points: 280
    We acha usangwenya Kenya hakuna nyumbu labda huko kwenu tz!
     
  8. REDEEMER.

    REDEEMER. JF-Expert Member

    #8
    Aug 12, 2017
    Joined: Feb 22, 2015
    Messages: 3,431
    Likes Received: 3,878
    Trophy Points: 280
    Hazina kubwa ya nyumbu wa Tanzania chimbuko lao ni Kenya
     
  9. p

    pingli-nywee JF-Expert Member

    #9
    Aug 12, 2017
    Joined: Sep 16, 2015
    Messages: 1,848
    Likes Received: 1,151
    Trophy Points: 280
    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!
     
  10. p

    pingli-nywee JF-Expert Member

    #10
    Aug 12, 2017
    Joined: Sep 16, 2015
    Messages: 1,848
    Likes Received: 1,151
    Trophy Points: 280
    Unamaanisha wale nyumbu wa Maasai Mara eeh?
     
  11. REDEEMER.

    REDEEMER. JF-Expert Member

    #11
    Aug 12, 2017
    Joined: Feb 22, 2015
    Messages: 3,431
    Likes Received: 3,878
    Trophy Points: 280
    Nyumbu kama Nyumbu
     
  12. Simba Asiyefugika

    Simba Asiyefugika JF-Expert Member

    #12
    Aug 13, 2017
    Joined: Apr 20, 2017
    Messages: 607
    Likes Received: 234
    Trophy Points: 60
    Wewe mwenyewe hapo ulipo ni nyumbu ya Kenya.

    Sent using Jamii Forums mobile app
     
  13. FaizaFoxy

    FaizaFoxy JF-Expert Member

    #13
    Aug 13, 2017
    Joined: Apr 13, 2011
    Messages: 58,115
    Likes Received: 22,072
    Trophy Points: 280
    = you are
     
  14. Kigogo

    Kigogo JF-Expert Member

    #14
    Aug 13, 2017
    Joined: Dec 14, 2007
    Messages: 20,499
    Likes Received: 1,441
    Trophy Points: 280
    Kumbe mikogo yote ile limradi halina hela..kuwa msukuma kazi sana yaani unapenda misifaaa tu
     
  15. m

    mulisaaa JF-Expert Member

    #15
    Aug 13, 2017
    Joined: Jun 16, 2017
    Messages: 1,539
    Likes Received: 1,628
    Trophy Points: 280
    Message already sent. Are you a teacher of grammar??
     
  16. FaizaFoxy

    FaizaFoxy JF-Expert Member

    #16
    Aug 13, 2017
    Joined: Apr 13, 2011
    Messages: 58,115
    Likes Received: 22,072
    Trophy Points: 280
    Read my signature.

    Who taught you to use two question marks together?
     
  17. n

    nguvu JF-Expert Member

    #17
    Aug 13, 2017
    Joined: Jun 13, 2013
    Messages: 4,683
    Likes Received: 1,050
    Trophy Points: 280
    Kwanini mada za tz unaziweka kwenye jukwaa la habari za kenya
     
  18. p

    pingli-nywee JF-Expert Member

    #18
    Aug 13, 2017
    Joined: Sep 16, 2015
    Messages: 1,848
    Likes Received: 1,151
    Trophy Points: 280
    Kweli, nyumbu wa mwendo kasi! hehe
     
  19. Lewis254

    Lewis254 JF-Expert Member

    #19
    Aug 13, 2017
    Joined: Apr 3, 2017
    Messages: 2,354
    Likes Received: 1,079
    Trophy Points: 280
    anatafuta kiki kwenye pikipiki :D:D:D
    Cc Invisible
     
  20. m

    mulisaaa JF-Expert Member

    #20
    Aug 13, 2017
    Joined: Jun 16, 2017
    Messages: 1,539
    Likes Received: 1,628
    Trophy Points: 280
    Okay I will be using five question marks if two are not enough.
     
Loading...