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    1.0.32

    Uganda Parliament demands review of $13B SGR after finding that Ethiopia's cost $3.4B

    The Kenyan
    By The Kenyan Wall Street
    - February 06, 2017
    - February 06, 2017
    African Wall Street

    A Ugandan parliamentary committee has demanded a complete review of the Uganda-Kenya Standard Gauge Railway Project.

    Committee members recently visited railway lines in Ethiopia and Djibouti, and found that costs associated with Uganda’s new line were much higher.

    The plan is that the railway will be funded by a Chinese bank and built by a Chinese construction company and should open in Kampala in late 2020.

    The 1,740km (1,081 miles) of the rail is expected to cost $12.8bn (£10.3bn).

    The Ethiopian-Djibouti line, which opened in October, cost $3.4 Billion (£2.7bn) for 750km (466 miles).

    (BBC)

    The Kenyan Wall Street

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