Uganda : China to facilitate oil transport with a $134 mln road
Wednesday, 27 March 2019 16:53
China will build a 97-km road in Uganda, the Daily Monitor indicated this week.
According to the website, the new $134 million infrastructure includes three road axes namely Masindi-Biso, Kabaale-Kizirafumbi and Hohwa-Nyairongo-Kyarushesha-Butole road. It should be realized by the China Railway Seventh Group and completed within three years.
It is part of a network of more than 700 km roads the country plans to build to link to its oil site that will enter into production by 2021. The project also wants to employ the local workforce and value local entrepreneurs. According to Allen Kagina (photo), director of the national road authority (Unra), about 30% of the works in the framework of that road project will be entrusted to local firms.
"The contract agreement between Unra and the China railway seventh group involves the latter pre-financing and executing works for a period of 12 months from the commencement date while the government of Uganda secures funds for paying the works to be executed," the official added.
Moutiou Adjibi Nourou
Additional Info
- communiques: Non
- couleur: N/A
Live News
-
Libya’s Oil Output Reaches Decade High, Moves Closer to Pre-2011 Capacity
18:39
-
Rising Oil Prices Push 29 African Currencies Lower After Middle East Conflict
18:15
-
Morocco More Than Doubles Renewable Capacity in a Decade, Driven by Wind
18:07
-
In Africa, Banks Face a New Rival: Telecom Operators
17:51
-
Cameroon’s LNG Export Earnings Hit Three-Year Low at CFA350 Billion
17:44
-
Cameroonian SMEs invited to India trade forums to explore market opportunities
17:03
-
Ogou 1 adopts formal waste management and sanitation policy
16:19
-
African lawmakers meet in Lomé for APF regional conference
15:54
-
Togo and Burkina Faso Step Up Coordination on Lomé-Ouagadougou Corridor
15:39
-
Togo’s meat self-sufficiency reaches 68% in 2025, led by poultry growth
13:15
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
Libya oil output reaches 1.43 million barrels per day Production nears pre-2011 levels as operations stabilize Oil dominates economy,...
Morocco renewable capacity doubles to 4,851 MW by 2025 Wind leads growth; solar expands, hydropower remains stable High energy import...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expand into banking, intensifying competition with...
EACOP pipeline reaches 82% completion ahead of planned 2026 launch Project to transport 216,000 barrels daily from Uganda to Tanzania Legal...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...