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Uganda approves US$2.9b loan for the construction of SGR

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2014-12-18  · UGANDA will have to borrow $13.8b (sh38.5trillion) from the Exim Bank of China to construct the Standard Gauge Railway line. The total cost was revealed to MPs yesterday by the state minister for works John Byabagambi whom President Yoweri Museveni appointed to chair the implementation of the Standard Gauge Railway project.

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President Kenyatta is set to lead a delegation of Kenyan government officials to China next month. The Daily Nation reports that the aim of the trip will be to secure a multi-billion-shilling loan for the construction of phase 2B of the Standard Gauge Railway (SGR). The loan, estimated to be Sh380 billion, will be used to fund the construction.

KENYA LAUNCHES TEST RUN ON PHASE 2A OF ITS SGR LINE.. FG APPROVES CONSTRUCTION. The federal government has given approval to the Ebonyi state government to construct an international airport in Abakaliki, Nigeria seeks US $5bn loan for construction of Mambilla Hydropower Project.

2017-03-01  · Finance ministers from Kenya and Uganda are set to travel to China at the end of this month to negotiate financing for the construction of a cross-border railway. In a move that would transform the East African infrastructure landscape, the delegation – which will include the transportation

2017-02-26  · Finance ministers from Kenya and Uganda are set to travel to China at the end of this month to negotiate financing for the construction of a cross-border railway. In a move that would transform the East African infrastructure landscape, the delegation – which will include the transportation

The government of Uganda has dismissed claims that it has abandoned the Standard Gauge Railway(SGR) project. Uganda’s Minister in charge of Works and Transport Monica Azuba said the reports appearing in a cross section of the media were false and unfounded. Ms Azube said Uganda was firmly committed to the project, adding that a tender for.

President Yoweri Museveni has approved the borrowing of Ush10.3 trillion (.9 billion) for the construction of the standard gauge railway from the Malaba border with Kenya to Kampala in the clearest signal yet that the regional infrastructure project is back on track.