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
The Bank of Ghana created a steering committee and a technical committee to design a bank listing framework. Ghana’s pension fund assets exceed 100...
Proparco granted a CFA1.3 billion ($2 million) loan to VisionFund Senegal. Women represent 95% of VisionFund Senegal’s clients. VisionFund will use...
The UMOA Banking Commission sanctioned three banks in Côte d’Ivoire, Niger and Togo with disciplinary reprimands and fines. The regulator imposed...
Income tax threshold to rise to 30,000 shillings per month Government aims to ease cost-of-living pressures and boost household...
Most Read
01

Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...

Togo Microfinance: Deposits and Loans Rise Simultaneously in Q3 2025
02

Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...

Gulf of Guinea regains appeal as a key exploration hub for oil majors
03

MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...

MTN’s Talks to Buyout IHS: A Strategic Reversal That Could Reshape African Telecoms
04

Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...

Rwanda Mobilises Global, Local Finance for $2Bln Innovation City Targeting Africa’s Digital Economy
05

The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...

Togolese Fintech Semoa Wins Full-Service BCEAO License
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.