The African Development Bank (AfDB) has approved a US$74.47-million loan to finance the first phase of Rwanda’s Transport Sector Support Project, to support the country’s need to improve its transportation services. The project involves upgrading 51.54 kilometres of the Base-Rukomo road along the Base-Gicumbi-Rukomo-Nyagatare axis.
The project aims to contribute to socio-economic development, to improve standards of living and regional integration through an improved and sustainable transport system tha
The 5980 African Development Bank (AfDB) has approved a US$74.47-million loan to finance the first phase of Rwanda’s Transport Sector Support Project, to support the country’s need to improve its transportation services. The project involves upgrading 51.54 kilometres of the Base-Rukomo road along the Base-Gicumbi-Rukomo-Nyagatare axis.
The project aims to contribute to socio-economic development, to improve standards of living and regional integration through an improved and sustainable transport system that links centres of economic activity and access to social services.
The project will also support the regional integration objective of East African Community (EAC) member countries and Great Lakes Region. The Base-Nyagatare road is a strategic axis offering an alternative route for international flows operated via the northern corridor, especially flows of goods between the western and northern provinces and the eastern regions of the Democratic Republic of Congo (DRC) and the port of Mombasa, via Uganda.
The project will be implemented during from 2015 to 2019 at a total cost of US $78.99 million and counterpart funding of US $4.52 million from the budget of the Government of Rwanda.
The project aims to contribute to socio-economic development, to improve standards of living and regional integration through an improved and sustainable transport system that links centres of economic activity and access to social services.
The project will also support the regional integration objective of East African Community (EAC) member countries and Great Lakes Region. The Base-Nyagatare road is a strategic axis offering an alternative route for international flows operated via the northern corridor, especially flows of goods between the western and northern provinces and the eastern regions of the Democratic Republic of Congo (DRC) and the port of Mombasa, via Uganda.
The project will be implemented during from 2015 to 2019 at a total cost of US $78.99 million and counterpart funding of US $4.52 million from the budget of the Government of Rwanda.
