Public Management

Chinese CICO wins 3 road deals in Uganda

Chinese CICO wins 3 road deals in Uganda
Wednesday, 16 September 2020 14:25

The Uganda National Roads Authority (UNRA) has signed three road construction agreements with the Chinese Chongqing International Construction Corporation (CICO).

Agreements include the construction of 16 km of road between Kira, the country’s second-most populous city, and Matugga, an urban center located north of Kampala, the capital. “This will be the first urban road to have segregated pedestrian walkways and bicycle lanes which will enhance the safety of pedestrians and cyclists,” said the UNRA executive director. The project is valued at 200.3 billion shillings ($54 million). Work is expected to start by the end of the year.

Under the deals, CICO is also entrusted with the construction of the 11 km Najjanankumbi-Busabala road in Kampala, and the rehabilitation of 7.3 km of road in the central city of Masaka. Both projects require 258.8 billion shillings ($70 million) and 35.9 billion shillings ($10 million), respectively.

Let’s note that the projects are fully financed by the government as part of the National Road Development and Maintenance Program (NRDMP).

Romuald Ngueyap

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Renaprov raises 1.1 billion CFA francs, below 8.4 billion target Second subscription window extended to May 15 after weak demand IPO seen as...
Central purchasing body aims to curb high living costs System introduces price controls and consumer reporting tools Launch follows a...
Pilot shows mixed feedback, with 40% of users dissatisfied Tool aims to boost transparency and consumer role in regulation Côte d'Ivoire...
AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW plant to power over 100,000 homes Project highlights...
Most Read
01

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
02

M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...

In Africa, Banks Face a New Rival: Telecom Operators
03

Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...

Algeria Opens Satellite Market to Competition, Inviting Global Operators
04

Driven by above-average growth and rapidly expanding demographics, Francophone Africa is emerging as...

Francophone Africa: A Rising Economic Giant With Weak Internal Trade
05

Coca-Cola unit trains 260+ SMEs in Namibia business skills Program targets women, youth, disabled...

Over 260 Namibian SME Owners Trained as Sector Faces Mounting Losses
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.