Construction of the Northern Bypass road that links to the Entebbe Express Highway. PHOTO | MORGAN MBABAZI
By Elias Biryabarema
In Summary
Uganda will expand a major road linking its capital Kampala
with Rwanda after signing a deal on Thursday for a $151 million loan
from the African Development Bank (AfDB).
The 40-year loan will partly finance a new 23km, 4-lane toll
road to help de-congest traffic on an existing road, the finance
ministry and AfDB said, adding the government would fund the remainder
of the $192 million project.
In recent years East African countries have been investing heavily in transportation infrastructure to help boost trade.
A significant chunk of that investment has been directed toward
upgrading sections of what is known as East Africa's Northern Corridor, a
transport artery that loops in Uganda, Rwanda, Burundi and eastern
Democratic Republic of Congo, stretching eastward to the Kenyan sea port
of Mombasa.
Matia Kasaija, Uganda's finance minister, said at a signing
ceremony that the project was aimed at "increasing overall
competitiveness and creating additional wealth and employment".
The project would result in "enhanced trade and regional integration, and reduction in transport costs", Kasaija added.
Uganda, a prospective crude oil producer and Africa's largest
coffee exporter, also plans to build a six-lane, 77-km, $1 billion
expressway from Kampala to Jinja, an industrial hub in eastern Uganda.
AfDB, the World Bank and the European Union provide most of the funding for Uganda's transportation infrastructure.
-Reuters
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