Headlines
- Tanzania Gives Go-Ahead to Massive Sh80.85 Billion Mbamba Bay Port Construction Project
- KeNHA Unveils Strategic Sh394 Billion Plan to Construct Major Highways in Kenya
- Ruto’s Multi-Million Plan to Host the 2027 Africa Cup of Nations (AFCON) Tournament in Kenya
- Tanzania's Modern Industrial Park Project on Course with 3.5 Trillion Investment
- African Development Bank Greenlights $696.41 Million for Phase 2 of Tanzania-Burundi-DRC SGR
- Biggest construction trade exhibition announced in Nairobi at KICC
- President Ruto's Vision of Affordable Housing Projects Taking Shape in Kenya
- Ethiopia Receives $720 Million in Funding for Road Construction Project
- $3.24 Billion to be Invested in Tanzania SGR Construction by Spain
- Ksh700 Billion to be Invested to Complete Pending Kenyan Road Projects
TANZANIA, RWANDA AND BURUNDI ARE EYEING FOR INVESTORS TO BUILD A NEW 1,661KM STANDARD GAUGE RAILWAY
Tanzania, Rwanda and Burundi are looking for investors to participate in building of new 1,661km standard gauge railway expected to cost about $7.6 billion.
The new standard gauge railway line is to be constructed from Dar es Salaam to Isaka in northern Tanzania and Kigali in Rwanda with a link to Burundi running from Keza to Musongati through Gitega.
Expression of interest for the Dar es Salaam-Isaka-Kigali-Keza-Musongati (DIKKM) rail, which is a high priority project within the framework of East African Railway Master Plan, closes at 11am on August 14.
Partners, through the Rwanda Transport Development Agency (RTDA), are seeking expressions of interest from firms to finance, design, construct, operate and maintain the railway under a public private partnership. .
RTDA director general Guy Kalisa said interested firms will be evaluated to shortlist potential private partners prior to issuing the request for proposal documents for the project.
CPCS Transcom International Ltd is the transaction adviser for the railway. It will handle freight trains with axle loads of 32.4 tonnes and train lengths of 2,000 metres.
Source: www.corporate-digest.com
Posted on : 30 Nov,-0001
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