Saturday, November 4, 2017

WB avails 1.2 tri/- for EAC’s Lake Tanganyika Transport Programme

MARC NKWAME in Arusha
THE World Bank has committed 500 million US dollars equivalent to 1.2 trillion/- to support Lake Tanganyika Transport Programme being executed under the East African Community, an official report from the EAC Secretariat in Arusha has revealed.

Lake Tanganyika is the world’s deepest Lake shared by Tanzania, Burundi and Democratic Republic of Congo (DRC) and the water body is among the locations listed in the proposed new World Heritage Sites by the United Nations Educational, Scientific and Cultural Organisation (UNESCO).
On Tuesday, the EAC Secretary General, Ambassador Liberat Mfumukeko, and the Chair of the EAC Council of Ministers and Uganda’s Second Deputy Prime Minister and Minister of East African Affairs, Mr Kirunda Kivejinja, the Executive Secretary of Central Corridor Transit Transport Facilitation Agency, Captain Dieudonne Dukundane, and the Executive Director of Lake Tanganyika Authority, Engineer Nibirantije Jean-Marie addressed the Media to that effect.
Ambassador Mfumukeko said he was delighted at the take-off of the Lake Tanganyika Transport Programme saying the programme would yield tangible benefits for ordinary East Africans.
“Lake Tanganyika is uniquely placed to provide intermodal linkag es between Tripartite Regional Economic blocks of EAC, COMESA and SADC and therefore a critical conduit not only for transport needs but also for wider economic benefits,” said the Secretary General.
He said, while the World Bank had committed about 500 million US dollars to support the Lake Tanganyika Transport Programme, there is the need for more support from other Development Partners by way of project uptakes, co-financing and blending.
The Secretary General said that investment in infrastructural projects continues to receive the utmost political attention by the EAC Heads of States as expressed during their biennial retreats on infrastructure development and financing.
He said successful implementation of the Lake Tanganyika Transport Programme was expected to result into numerous benefits for the riparian states and the communities around the Lake.
On his part, the EAC Council of Ministers Chairperson, Rt Hon Kivejinja, thanked the World Bank for supporting the Integrated Corridor Development initiative in EAC through the Intermodal Strategy.
He assured East Africans that the Community was fully committed to putting in place an integrated transport system with the Lake Tanganyika Transport Programme as part of the system.
The Executive Secretary of the Central Corridor Transit Transport Facilitation Agency, Captain Dieudonne Dukundane, emphasized the importance of Lake Tanganyika in providing intermodal linkages between the EAC, COMESA and SADC. Captain Dukundane said Lake Tanganyika was critical for promoting movement of people and goods within the East African region.

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