Perez Wamburu, coordinator of the Uganda standard gauge railway project, said that the agreement relates to the first part of Railway line It is planned to be 1,700 kilometers long, adding that the cost of the project will reach 2.7 billion euros.
He stated that the implementation of the project will begin in November.
Ugandan Ministry of Works Permanent Secretary Bagya Waiswa said at the signing ceremony that the project would increase commerce It reduces transportation costs.
He added that Uganda would use its own money and loans from credit organizations Exports To finance a project that will take 48 months to complete once it starts.
The line segment will be extended Railway The agreement refers from the capital, Kampala, to Malaba on the border with Kenya, and will connect landlocked Uganda to the railway network of its neighbor and then to the port of Mombasa on the Indian Ocean.
Uganda concluded an agreement in 2015 with the China Ports and Engineering Corporation Limited to implement the project on the condition that the company helps secure the necessary funds for the railway from the Chinese government.
After years of fruitless talks, Uganda canceled the agreement last year and entered into talks with Yapi Mirkezi, which is implementing a similar project in Tanzania.
