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
-
Cameroon Flags 700,000 Undeclared Phones Under New Customs System
21:05
-
Egypt Reviews $5 Billion Green Ammonia Project Backed by Renewable Energy
20:54
-
Germany Helps Cameroon Structure €32 Billion Infrastructure Project Pipeline
20:48
-
Togo, Kyrgyzstan sign strategic cooperation agreements in Bishkek
20:31
-
Ghana navigates trade friction as AI reshapes customs enforcement
20:30
-
West Africa’s Rice Market Grows Fast, but Structural Gaps Hold Back Its Full Potential
20:26
-
IFC Weighs €21 Million Loan to Back Gozem Expansion in West and Central Africa
19:37
-
UEMOA Debuts First Mortgage-Backed Bonds to Support Housing Finance
19:36
-
Cameroon, Germany push private investment, aim to drive deals at ProMote 2026
19:19
-
Simangele Mphahlele Scales eJoobi to Streamline South African Hiring
14:52
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Project targets up to 1 million tons of output using solar and wind Initial investment estimated at $5 billion, with expansion potential Plan...
Ghana rolls out Publican AI at Tema Port, with early revenue rising from GH₵2.4bn to GH₵3.6bn after deployment System flags undervaluation and fraud...
Rice is deeply rooted in diets but demand now far outpaces local supply Production has increased across the region, yet value chains remain...
Government launches plans to improve data use and public services Strategy aims to support responsible use of artificial intelligence Move...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....