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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