Central Corridor gets $1 billion for roads, railway, border posts
Trucks queue for customs inspection at Gatuna border post on the Rwanda-Uganda border. The funds will be used to develop ports and inland container terminals, with the aim of reducing transport costs by 30 per cent. PHOTO FILE | NATION
The Lake Tanganyika Integrated Transport and Environment Programme, which is meant to improve efficiency along the Central Corridor, has received close to $1 billion from development partners.
The Africa Development Bank, the European Union, TradeMark East Africa, the Japan International Co-operation Agency, the Belgium Co-operation, NEPAD and The Kuwait Fund are among the financiers. The project recently received $600 million from the World Bank.