Battle: Dar es Salaam vs Nairobi
Battle: Dar es Salaam vs Nairobi
Teargass
JF-Expert Member
- Apr 23, 2018
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Ichoboy ARE WE TOGETHER?
Tanzania secures $1.46b SGR loan from Stanchart
SATURDAY SEPTEMBER 15 2018
President John Magufuli inspects construction works of the SGR project in Dar es Salaam. PHOTO | NMG
In Summary
By ALLAN OLINGO
More by this Author
Tanzania has secured a $1.46 billion concessional loan from the Standard Chartered Bank's Group to fund its standard gauge railway line between Morogoro and Dodoma.
Finance Minister Dr Philip Mpango said the new loan was part of an agreement reached with Standard Chartered Bank Group executive director Bill Winters in Dar es Salaam, which would go to fund the 430km line between Morogoro and Makutupora.
The Stanchart loan means that the government has secured more than 75 per cent funding for the $1.9 billion project, which it awarded a joint venture of Portuguese and Turkish firms, Yapi Merkezi and Mota Engil.
It is also understood that it will be issuing a last contract for the third phase of the project this year, and other two contracts to be announced in the first quarter of 2019.
Related Stories
Last year, President John Magufuli launched a 525km line between Dar es Salaam and Morogoro, which is being funded by the Turkey Exim Bank to the tune of $1.2 billion.
Imports from Japan
Tanzania expects to spend close to $14 billion on the line from its capital to its border town with Rwanda at Rusumo, covering almost 2,600 kilometres.
On Wednesday, Dar said that it had already received the first consignment of 7,100 tonnes of rails for the first phase from Japan.
Tanzania’s SGR project manager Maizo Mgedzi said their country opted to import rail from Japan because of the quality and also business relationship the contractors have with their Japanese counterparts.
Mr Mgedzi also revealed that the first phase of the project was at 22 per cent completion, with the contractors already working on the production of the concrete sleepers, precast girder production and levelling of the track surface.
In 2016, Tanzania chose Portuguese-Turkish joint venture of Yapi Merkezi and Mota Engil to build the $1.2 billion first phase, the longest section of the project. The line is expected to be electric accommodating speeds of up to 160 kilometres per hour for passenger trains and 120 kilometres per hour for cargo trains.
Last week, Tanzania's Public Investment Committee expressed concern that the country’s power generation capability might not be enough to power the SGR project, asking the Tanzania Railways Corporation to table before it before the end of November, the electricity supply plan for the line, scheduled for completion in October 2019.
Dar is yet to award contract tender for the last two phases of the project, including the 300 kilometre Makutupora to Tabora, the 135 kilometres Tabora to Isaka and an offshoot from Isaka to Mwanza then the Rusumo border, which will cover close to 250 kilometres.
Tanzania secures $1.46b SGR loan from Stanchart
SATURDAY SEPTEMBER 15 2018
President John Magufuli inspects construction works of the SGR project in Dar es Salaam. PHOTO | NMG
In Summary
- Funds will enable Tanzania to build the 430km line between Morogoro and Makutupora
- Last year, President John Magufuli launched a 525km line between Dar es Salaam and Morogoro, which is being funded by the Turkey Exim Bank to the tune of $1.2 billion.
More by this Author
Tanzania has secured a $1.46 billion concessional loan from the Standard Chartered Bank's Group to fund its standard gauge railway line between Morogoro and Dodoma.
Finance Minister Dr Philip Mpango said the new loan was part of an agreement reached with Standard Chartered Bank Group executive director Bill Winters in Dar es Salaam, which would go to fund the 430km line between Morogoro and Makutupora.
The Stanchart loan means that the government has secured more than 75 per cent funding for the $1.9 billion project, which it awarded a joint venture of Portuguese and Turkish firms, Yapi Merkezi and Mota Engil.
It is also understood that it will be issuing a last contract for the third phase of the project this year, and other two contracts to be announced in the first quarter of 2019.
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Tanesco on the spot to guarantee SGR power
Regional bank to help Tanzania fund SGR, gas plant
Roads, rail to drive Tanzania growth
Kigali, Kampala under pressure to raise SGR cashLast year, President John Magufuli launched a 525km line between Dar es Salaam and Morogoro, which is being funded by the Turkey Exim Bank to the tune of $1.2 billion.
Imports from Japan
Tanzania expects to spend close to $14 billion on the line from its capital to its border town with Rwanda at Rusumo, covering almost 2,600 kilometres.
On Wednesday, Dar said that it had already received the first consignment of 7,100 tonnes of rails for the first phase from Japan.
Tanzania’s SGR project manager Maizo Mgedzi said their country opted to import rail from Japan because of the quality and also business relationship the contractors have with their Japanese counterparts.
Mr Mgedzi also revealed that the first phase of the project was at 22 per cent completion, with the contractors already working on the production of the concrete sleepers, precast girder production and levelling of the track surface.
In 2016, Tanzania chose Portuguese-Turkish joint venture of Yapi Merkezi and Mota Engil to build the $1.2 billion first phase, the longest section of the project. The line is expected to be electric accommodating speeds of up to 160 kilometres per hour for passenger trains and 120 kilometres per hour for cargo trains.
Last week, Tanzania's Public Investment Committee expressed concern that the country’s power generation capability might not be enough to power the SGR project, asking the Tanzania Railways Corporation to table before it before the end of November, the electricity supply plan for the line, scheduled for completion in October 2019.
Dar is yet to award contract tender for the last two phases of the project, including the 300 kilometre Makutupora to Tabora, the 135 kilometres Tabora to Isaka and an offshoot from Isaka to Mwanza then the Rusumo border, which will cover close to 250 kilometres.
ichoboy01
JF-Expert Member
- Mar 6, 2017
- 82,204
- 163,861
Hio ndio hiii standard charted ndio wametoa leo we mbuzi nn soma maelezo 1.4b👇👇😁😁😁😁 ushaanza kuchanganyikiwa tuliomba huo mkopo 2018 ndio wametoa leoIchoboy ARE WE TOGETHER?
Tanzania secures $1.46b SGR loan from Stanchart
SATURDAY SEPTEMBER 15 2018
President John Magufuli inspects construction works of the SGR project in Dar es Salaam. PHOTO | NMG
In Summary
ADVERTISEMENT
- Funds will enable Tanzania to build the 430km line between Morogoro and Makutupora.
- Already, the government has allocated $700 million for its SGR projects in the 2018/2019 annual budget.
- Last year, President John Magufuli launched a 525km line between Dar es Salaam and Morogoro, which is being funded by the Turkey Exim Bank to the tune of $1.2 billion.
By ALLAN OLINGO
More by this Author
Tanzania has secured a $1.46 billion concessional loan from the Standard Chartered Bank's Group to fund its standard gauge railway line between Morogoro and Dodoma.
Finance Minister Dr Philip Mpango said the new loan was part of an agreement reached with Standard Chartered Bank Group executive director Bill Winters in Dar es Salaam, which would go to fund the 430km line between Morogoro and Makutupora.
The Stanchart loan means that the government has secured more than 75 per cent funding for the $1.9 billion project, which it awarded a joint venture of Portuguese and Turkish firms, Yapi Merkezi and Mota Engil.
It is also understood that it will be issuing a last contract for the third phase of the project this year, and other two contracts to be announced in the first quarter of 2019.
Related Stories
ADVERTISEMENT
Last year, President John Magufuli launched a 525km line between Dar es Salaam and Morogoro, which is being funded by the Turkey Exim Bank to the tune of $1.2 billion.
Imports from Japan
Tanzania expects to spend close to $14 billion on the line from its capital to its border town with Rwanda at Rusumo, covering almost 2,600 kilometres.
On Wednesday, Dar said that it had already received the first consignment of 7,100 tonnes of rails for the first phase from Japan.
Tanzania’s SGR project manager Maizo Mgedzi said their country opted to import rail from Japan because of the quality and also business relationship the contractors have with their Japanese counterparts.
Mr Mgedzi also revealed that the first phase of the project was at 22 per cent completion, with the contractors already working on the production of the concrete sleepers, precast girder production and levelling of the track surface.
In 2016, Tanzania chose Portuguese-Turkish joint venture of Yapi Merkezi and Mota Engil to build the $1.2 billion first phase, the longest section of the project. The line is expected to be electric accommodating speeds of up to 160 kilometres per hour for passenger trains and 120 kilometres per hour for cargo trains.
Last week, Tanzania's Public Investment Committee expressed concern that the country’s power generation capability might not be enough to power the SGR project, asking the Tanzania Railways Corporation to table before it before the end of November, the electricity supply plan for the line, scheduled for completion in October 2019.
Dar is yet to award contract tender for the last two phases of the project, including the 300 kilometre Makutupora to Tabora, the 135 kilometres Tabora to Isaka and an offshoot from Isaka to Mwanza then the Rusumo border, which will cover close to 250 kilometres.
ichoboy01
JF-Expert Member
- Mar 6, 2017
- 82,204
- 163,861
Soma hii line labda uwe huna akili timamu😁👇👇Ichoboy ARE WE TOGETHER?
Tanzania secures $1.46b SGR loan from Stanchart
SATURDAY SEPTEMBER 15 2018
President John Magufuli inspects construction works of the SGR project in Dar es Salaam. PHOTO | NMG
In Summary
ADVERTISEMENT
- Funds will enable Tanzania to build the 430km line between Morogoro and Makutupora
- Last year, President John Magufuli launched a 525km line between Dar es Salaam and Morogoro, which is being funded by the Turkey Exim Bank to the tune of $1.2 billion.
By ALLAN OLINGO
More by this Author
Tanzania has secured a $1.46 billion concessional loan from the Standard Chartered Bank's Group to fund its standard gauge railway line between Morogoro and Dodoma.
Finance Minister Dr Philip Mpango said the new loan was part of an agreement reached with Standard Chartered Bank Group executive director Bill Winters in Dar es Salaam, which would go to fund the 430km line between Morogoro and Makutupora.
The Stanchart loan means that the government has secured more than 75 per cent funding for the $1.9 billion project, which it awarded a joint venture of Portuguese and Turkish firms, Yapi Merkezi and Mota Engil.
It is also understood that it will be issuing a last contract for the third phase of the project this year, and other two contracts to be announced in the first quarter of 2019.
Related Stories
ADVERTISEMENT
Last year, President John Magufuli launched a 525km line between Dar es Salaam and Morogoro, which is being funded by the Turkey Exim Bank to the tune of $1.2 billion.
Imports from Japan
Tanzania expects to spend close to $14 billion on the line from its capital to its border town with Rwanda at Rusumo, covering almost 2,600 kilometres.
On Wednesday, Dar said that it had already received the first consignment of 7,100 tonnes of rails for the first phase from Japan.
Tanzania’s SGR project manager Maizo Mgedzi said their country opted to import rail from Japan because of the quality and also business relationship the contractors have with their Japanese counterparts.
Mr Mgedzi also revealed that the first phase of the project was at 22 per cent completion, with the contractors already working on the production of the concrete sleepers, precast girder production and levelling of the track surface.
In 2016, Tanzania chose Portuguese-Turkish joint venture of Yapi Merkezi and Mota Engil to build the $1.2 billion first phase, the longest section of the project. The line is expected to be electric accommodating speeds of up to 160 kilometres per hour for passenger trains and 120 kilometres per hour for cargo trains.
Last week, Tanzania's Public Investment Committee expressed concern that the country’s power generation capability might not be enough to power the SGR project, asking the Tanzania Railways Corporation to table before it before the end of November, the electricity supply plan for the line, scheduled for completion in October 2019.
Dar is yet to award contract tender for the last two phases of the project, including the 300 kilometre Makutupora to Tabora, the 135 kilometres Tabora to Isaka and an offshoot from Isaka to Mwanza then the Rusumo border, which will cover close to 250 kilometres.
Teargass
JF-Expert Member
- Apr 23, 2018
- 26,960
- 27,955
Securing and signing are two different things zombie.
ichoboy01
JF-Expert Member
- Mar 6, 2017
- 82,204
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👇👇👇😁😁😁soma hii line the link u posted its phase 2 budaaa
Wametoa 1.4b na serekali nimetoa 500m usd total of 1.9b
babayao255
JF-Expert Member
- Apr 4, 2019
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Anafosi tufanane, anatakiwa afahamu kuwa huwa hatukurupuki ovyo,
Kuna nchi yamewakuta in msemaji mkuu voice 😂😂😂
Teargass
JF-Expert Member
- Apr 23, 2018
- 26,960
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I`m not interested in taht part enye umeunderline, I`m interested in the Dar-Morogoro section which Turkey funded. The loan was $1.2b
ichoboy01
JF-Expert Member
- Mar 6, 2017
- 82,204
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Phase one serekali imetoa 1.2b usd dar to moro
Phase two bank loan 1.4b na 500m usd gvt total 1.9b
ichoboy01
JF-Expert Member
- Mar 6, 2017
- 82,204
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Leta official statement kua serekali nimechukua loan 1.2b usd 😁😁👇👇👇👇 unfkie hiki kibao wanaweka tu bure
babayao255
JF-Expert Member
- Apr 4, 2019
- 12,905
- 34,906
Watajua hawajui 😂😂😂
ichoboy01
JF-Expert Member
- Mar 6, 2017
- 82,204
- 163,861
Leta official link kua Turkey ime fund phase one hehehehe yani sijapata kuona mtu mpuuzi kama wewe 😁😁😁😁😁😁
Teargass
JF-Expert Member
- Apr 23, 2018
- 26,960
- 27,955
Hata kama hujui kusoma itabidi usome hii.
Last year, President John Magufuli launched a 525km line between Dar es Salaam and Morogoro, which is being funded by the Turkey Exim Bank to the tune of $1.2 billion.
ichoboy01
JF-Expert Member
- Mar 6, 2017
- 82,204
- 163,861
Na habari imejieleza kabisa kua phase 2 is 1.9 b
Bank loan 1.4b na gvt 500m usd bado anataka ramli
ichoboy01
JF-Expert Member
- Mar 6, 2017
- 82,204
- 163,861
Is dar to moro 525km ????😁😁😁😁😁😁
Teargass
JF-Expert Member
- Apr 23, 2018
- 26,960
- 27,955
Kweli kusoma ni shida Tanzania, so hujaona hapo juu kama imeandikwa kuwa Turkey funded Dar to Morogoro line?
babayao255
JF-Expert Member
- Apr 4, 2019
- 12,905
- 34,906
Tatizo huwa huyo mjinga anakuja na majibu yake ya kijinga halafu hataki aambiwe yupo wrong lakini atajua hajui 😂😂😂
babayao255
JF-Expert Member
- Apr 4, 2019
- 12,905
- 34,906
Na unaweza kuta hiyo ni media yao ilikuwa inapotosha hivo 😂😂😂
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