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.
Kampala Capital City Authority (KCCA) in Uganda has published a Preliminary Information Memorandum (PIM) for the Kampala waste management project. The project will be developed on desig...
Read moreUK International Development office has announced partnering with five African countries to mobilize private sector investment in quality, environmentally-friendly infrastructure projects. The UK...
Read moreThe Members of the Parliament in Uganda have expressed dissent over the financing of the planned reconstruction of the Kampala -Jinja expressway development. The government plans to fund t...
Read moreThe Uganda National Roads Authority (UNRA) is set to issue RFP documents to four pre-qualified bidding teams in June 2019. The four pre-qualified bidding teams for the project are, led by China C...
Read moreThe Uganda National Roads Authority (UNRA) has rejected a late bid from China Railway 17th Bureau Group for the 77km Kampala-Jinja expressway project. The US$1.1 billion infrastructure project wi...
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