Govt, AfDB sign $229m Kampala-Jinja Expressway deal
Wednesday March 17 2021
Summary
The Expressway, which is a Public Private Partnership (PPP), seeks to ease traffic as well as facilitate faster movement of goods and services.
Advertisement
Government and the African Development Bank (AfDB) have singed a $229.5m financing facility for the Kampala-Jinja Expressway.
The Expressway, which is a Public Private Partnership (PPP), seeks to ease traffic as well as facilitate faster movement of goods and services.
The project, according to AfDB, is expected to create 1,500 jobs during the construction phase and 250 jobs during the operational phase.
Speaking during the signing in Kampala yesterday, Mr Augustine Kpehe Ngafuan, the AfDB country manager, said the $229.5m will support the first phase of the project, which consists mainly of an urban expressway stretching through the Kampala southern urban bypass (18 km) and a 35 km road from Kampala to Namagunga along the