Uganda plans to invest $205 million in restoring a railway from the capital Kampala to the Kenyan border following delays to securing funding for a planned high-speed alternative to the route.
“We keep on turning down customers because with the little money from government, amounting to $2 million annually, we can’t handle much business,” he said. “Customers turn to using trucks.”
The East African nation has experienced delays to the funding of a $2.3 billion standard-gauge railway for the Kampala-Malaba route, for which the Export-Import Bank of China is expected to finance 85% of the budget. The project, conceived six years ago, will be built simultaneously with the Kenyan section linking to the Ugandan border, according to the government.