12 °c
London
Wednesday, June 29, 2022
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Tanzania to sign US$1.32B rail contract with Chinese firms

Staff by Staff
January 7, 2021
in Africa, Construction, Cooperation, Development, Diplomacy, Government, Infrastructure, Rail, Tanzania, Transport
Reading Time: 1 min read
898 18
0
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

Tanzania will sign a US$1.3B contract today for two Chinese companies to build a section of the East African country’s new standard-gauge railway network.

The link covering about 340 kilometers (211 miles) in the northwest of the country will be financed by the government at a cost of 3.06 trillion shillings (US$1.32B), Foreign Affairs Minister Palamagamba Kabudi told reporters.

The signing of the agreement will be witnessed by himself and his Chinese counterpart, Wang Yi, who is scheduled to arrive for a two-day visit today, Kabudi said.

Also read: Tanzania bidding for SGR trains

President John Magufuli, who secured a second five-year term at a general election in October, has pledged to continue upgrading the country’s aging infrastructure, including a 2,560-kilometer railway connecting Dar es Salaam port to land-locked neighbors at an estimated cost of US$7.6B.

Tanzania awarded two separate tenders in 2017 and 2019 to Turkish firm Yapi Merkezi Insaat VE Sanayi AS to build more than 700 kilometers of high-speed railway from commercial hub Dar es Salaam to Makutupora in the center of the country at a combined cost of more than $3 billion.

Source: Bloomberg

Related

Tags: chinaconstructionInfrastructureRailrail networkRailwaySGR RailStandard Gauge RailwayTanzaniaTanzania SGRTanzania to sign US$1.32B rail contract with Chinese firmsTransportтанзанияتنزانياタンザニア坦桑尼亚
ScanSendShare366Tweet229Share64Pin83Send
Staff

Staff

Related Posts

The tripartite network theory in the gold mining industry: a lesson for Africa
Commodities

Ethiopia’s gold export generated US$513.9M in 11-month

by FurtherAfrica
June 29, 2022
S&P Analysis: New African refining projects to cap continent’s crude exports
Energy

Angola joins the EITI as Africa’s 28th member

by Energy Capital & Power
June 29, 2022
Mozambique picks Societe Generale to advise state oil company on funding
Economy

SocGen CEO sees organic Africa growth in ‘uncertain climate’

by FurtherAfrica
June 29, 2022
Environment

UK to guarantee US$2B of AfDB debt to boost climate fight

by FurtherAfrica
June 29, 2022
Agriculture

Kenya inks MoU for avocado processing in Kisii

by Farmers Review Africa
June 29, 2022
Angola Oil & Gas 2022
 
AFSIC 2022
 
Great Limpopo Transfrontier Park
 
MozParks

Translate this page

Read the Latest

The tripartite network theory in the gold mining industry: a lesson for Africa
Commodities

Ethiopia’s gold export generated US$513.9M in 11-month

by FurtherAfrica
June 29, 2022
0

Ethiopia has obtained 513.9 million US Dollars from the export of gold in the last eleven months of the current...

Read more
S&P Analysis: New African refining projects to cap continent’s crude exports

Angola joins the EITI as Africa’s 28th member

June 29, 2022
Mozambique picks Societe Generale to advise state oil company on funding

SocGen CEO sees organic Africa growth in ‘uncertain climate’

June 29, 2022

UK to guarantee US$2B of AfDB debt to boost climate fight

June 29, 2022

Kenya inks MoU for avocado processing in Kisii

June 29, 2022

FurtherAfrica Partners Network

The Exchange Club of Mozambique Taarifa Rwanda
TechGist Africa Africa Oil & Power Farmers Review Africa
Tanzania Invest Zambia Invest See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
Digilogic Africa Web3Africa

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 73,051 other subscribers.

FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?