Uganda: $3 billion railway construction deal with Turkish company Yapi

  • General
  • October 23, 2024
  • 0 Comments

The Ugandan government has signed a $3 billion contract with Turkey’s Yapi to build the 272-km Malaba-Kampala railway line. Work is expected to begin next month and take 48 months to complete. After China withdrew from the project, Uganda is adopting the Tanzanian model by funding the project from various sources.

Source: Africa News Agency

  • Related Posts

    Khalil Al Americani: ‘We want to participate in the digitalization of the DRC’

    Interview by Dounia Ben Mohamed Can you give us an overview of the evolution of the telecommunications sector in the DRC? The Democratic Republic of Congo (DRC) presents an interesting…

    Ethiopia: Over $8.5 billion of Chinese investment boosts economy

    Chinese investors have poured over $8.5 billion into Ethiopia, creating thousands of jobs, according to the Ethiopian Investment Commission (EIC). With 3,309 projects led by Chinese companies, the country’s infrastructure…