Uganda toll road secures funding

The European Union, International Finance Corporation, France’s AFD and African Development Bank have committed to funding of up to US$400 million for the US$1.1-billion project to construct the 77-kilometre tolled highway in Uganda, according to Engineering News-Record. The private sector will provide an additional US$300 million. The road will link the capital Kampala to the industrial eastern city of Jinja and is designed to speed up freight flow to landlocked Rwanda, eastern Democratic Republic of Co
February 27, 2017 Read time: 1 min
The European Union, International Finance Corporation, France’s AFD and African Development Bank have committed to funding of up to US$400 million for the US$1.1-billion project to construct the 77-kilometre tolled highway in Uganda, according to Engineering News-Record. The private sector will provide an additional US$300 million.

The road will link the capital Kampala to the industrial eastern city of Jinja and is designed to speed up freight flow to landlocked Rwanda, eastern Democratic Republic of Congo and Burundi from Mombasa port in Kenya.

The Uganda National Roads Agency (UNRA) is expected to issue final bid documents by year-end for the design, build, finance, operate, maintain and transfer contract for the highway, which aims to reduce journey time between Kampala and Jinja by 70 minutes.
Charging, Tolling & RUC

Related Content

  • EU funding for French metro line
    November 16, 2015
    French investment firm Caisse des dépôts is to provide US$107 million of financing for the construction of line B of the Rennes metro. The European Investment Bank has already provided a loan of US$321 million for the project, which will contribute to the construction of a second metro line by 2019, linking the La Courrouze eco-district to the ViaSilva eco-suburb, along with the purchase of rolling stock, a new maintenance and sidings centre and three park-and-ride facilities. The construction of the
    Read More
  • Cop27: 'Act now' on transport
    November 18, 2022
    Ertico, IRF Geneva and Asecap are among organisations calling for change to meet 2050 goals
    Read More
  • Need for simpler urban tolling solutions
    January 10, 2013
    A common assumption, even amongst informed observers, is that there’s but a handful of urban charging schemes in operation around the world and scant prospect of that changing any time soon. Larger city-sized schemes such as Singapore, London and Stockholm come readily to mind but if we take a wider view and also consider urban access control and Low Emission Zones (LEZs) then the picture changes rather radically. There is a notable concentration of such schemes in Europe but worldwide the number is comfort
    Read More
  • Australian fund manager to acquire Indiana toll road concession
    March 13, 2015
    Australian fund manager IFM Investors, on behalf of IFM Global Infrastructure Fund, has paid US$5.7 billion for the bankrupt Indiana Toll Road Concession, a 253-kilometre highway that runs from the border of Indiana and Ohio towards Chicago, giving it exclusive rights to operate and maintain the road for the next 66 years. The road, previously jointly owned by Macquarie and Spanish infrastructure group Ferrovial, went into Chapter 11 bankruptcy in September due to poor traffic volumes and was put up for sal
    Read More

Highlighted Content