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- Mar 26, 2015
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Uganda hails China’s Sh860 billion loan for E.Africa railway
Uganda has welcomed China’s ‘‘generous’’ Sh860billion loan to three East African countries for the construction of a hi-speed standard gauge railway from Mombasa to Kigali.
Uganda Works and Transport minister Monica Azuba welcomed China’s Sh370 billion loan to Kenya for the Naivasha-Malaba section saying Uganda had also sought Sh236.5 billion for the 273kilometre Malaba-Kampala section.
“Construction of the 273 kilometre standard gauge railway from Malaba to Kampala is starting this year. Not expected but starting,” she said in a tweet posted on the ministry’s website.
The comments follow President Uhuru Kenyatta’s disclosure that China’s Exim Bank had agreed to inject Sh370 billion in the Naivasha-Malaba railway which is expected to be constructed at the same time with the Malaba-Kampala line for the next 40 months.
While China Road and Bridge Construction is undertaking Kenya’s second phase from Nairobi to Naivasha, Uganda has contracted China Harbour Engineering Company to build the Malaba-Kampala line.
The disclosures come hardly a week before Kenya commissions the Sh327 billion Mombasa-Nairobi SGR project which will see passenger travel time between the two cities reduce from 10 hours by bus to four and a half by train, while cargo transit time will reduce to eight hours from the traditional four days by truck.
Rwanda’s High Commissioner to Kenya James Kimonyo has confirmed that the country is seeking Sh123.5 billion from China’s Exim Bank for construction of their section to Kigali.
continued on link....
Uganda hails China’s Sh860 billion loan for E.Africa railway
Uganda has welcomed China’s ‘‘generous’’ Sh860billion loan to three East African countries for the construction of a hi-speed standard gauge railway from Mombasa to Kigali.
Uganda Works and Transport minister Monica Azuba welcomed China’s Sh370 billion loan to Kenya for the Naivasha-Malaba section saying Uganda had also sought Sh236.5 billion for the 273kilometre Malaba-Kampala section.
“Construction of the 273 kilometre standard gauge railway from Malaba to Kampala is starting this year. Not expected but starting,” she said in a tweet posted on the ministry’s website.
The comments follow President Uhuru Kenyatta’s disclosure that China’s Exim Bank had agreed to inject Sh370 billion in the Naivasha-Malaba railway which is expected to be constructed at the same time with the Malaba-Kampala line for the next 40 months.
While China Road and Bridge Construction is undertaking Kenya’s second phase from Nairobi to Naivasha, Uganda has contracted China Harbour Engineering Company to build the Malaba-Kampala line.
The disclosures come hardly a week before Kenya commissions the Sh327 billion Mombasa-Nairobi SGR project which will see passenger travel time between the two cities reduce from 10 hours by bus to four and a half by train, while cargo transit time will reduce to eight hours from the traditional four days by truck.
Rwanda’s High Commissioner to Kenya James Kimonyo has confirmed that the country is seeking Sh123.5 billion from China’s Exim Bank for construction of their section to Kigali.
continued on link....
Uganda hails China’s Sh860 billion loan for E.Africa railway
