Business
East African member states plan to spend $4.7 billion on new rail transport
Construction of the US$4.7 billion railway line linking Rwanda, Burundi and Tanzania will begin in 2014, after the three governments finalize fund raising activities.
Tanzania and Uganda have also reached consensus that the proposed joint commercial rail track running from Tanga-Arusha-Musoma to Kampala, will not cut through the Serengeti National Park, thus ending a long-standing row between the two countries.
“Rest assured that the railway line will be constructed 100km south of the Serengeti National Park border and will thus not interfere with the ecosystem,” said Omari Nundu, Minister for Transport.
The Tanzania-Rwanda-Burundi line will boost economic and social development through regional co-operation.
Mr Nundu, said the design, engineering studies and development of financial, legal, institutional and regulatory frameworks have been completed.
