The government of Uganda has presented plans to raise US$ 328 million for Kampala - Jinja Expressway project. The funding will be obtained from the African Development Bank and the French Agency for Development.
The government has proposed to obtain a loan on a grace period of eight years and 25 years maturity period. The African Development Bank has tentative interest of 2.25% with a commitment fee of 0.25% for non-disbursed amount, while the French Agency for Development has tentative interest of 1.50% with a commitment fee of 0.50% for non-disbursed amount.
The Kampala - Jinja Expressway project involves the development of a six-lane, 77km limited access toll road between Kampala, the capital of Uganda, and Jinja. It aims to improve road infrastructure in Uganda, improve road safety and facilitate trade and tourism. The project will be developed on a design, build, finance, operate, maintain and transfer basis, with a concession period of 30 years.
The Uganda National Roads Authority (UNRA) has announced that it has prequalified four bidding teams to proceed to the second phase of the tender for the Kampala - Jinja Expressway (KJE) road project.
Read moreThe African Development Bank (AfDB) has approved a sovereign loan of US$229.5 million to the Republic of Uganda to finance phase one of the Kampala-Jinja Expressway project. Total project cost is estimated at US$1.55 billion, with financing from sovereign and non- sovereign facilities.
Read moreThe Uganda National Roads Authority (UNRA) has received eight pre-qualification applications for the Kampala-Jinja Expressway PPP project. This involves the construction of a 77km expressway linking the capital of Uganda to Jinja, in the south-east. The total estimated investment required is over US$1 billion.
Read moreThe Uganda National Roads Authority (UNRA) has issued a Request for Qualification (RFQ) for the Kampala-Jinja Expressway PPP project. This involves the design, construction, financing, operation and maintenance of a limited access tolled expressway between the cities of Kampala, the capital, and Jinja.
Read moreUganda has announced it has launched a tender process to seek transaction advisors for a housing PPP project.
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