President Yoweri Museveni has appointed Eng. Kasingye Kyamugambi as the new project head of Uganda Standard Gauge Railway.
Eng. Kasingye Kyamugambi has been serving as the SGR project coordinator.
The Ugandan Government had said by October this year it would have closed the financing agreement for the construction of the first phase of the Standard Gauge Railway (SGR) project.
The first phase which is expected to run from Malaba to Kampala will cost a whooping US$ 2.3bn and will be funded by the China EXIM Bank.
“By the end of this financial year-2016/17, we expect to have started construction of the first phase. The hope is that we shall have financial closure of the US$ 2.3bn with China’s EXIM Bank by the end of October 2016,” Kyamugambi was quoted as saying.
The Ugandan government also signed China Habour Engineering Company as a contractor tasked to ensure local content and companies are included in the project.
The project intends to utilise 40 per cent local content; all suppliers of cement and steel will be local companies and 90 per cent of the projected 16,000 jobs should also be reserved for Ugandans.
The Malaba-Kampala railway line will measure an estimated 273km.
The Standard Gauge Railway was launched on October 2014 when President Yoweri Museveni, President of Rwanda, Paul Kagame, Salva Kiir, South Sudan President and representatives from Kenya and Burundi met in Uganda.
It is part of the Northern Corridor Integration Projects regional initiative that came about in order to build up and operate a new, state-of-the-art high capacity railway system jointly among Kenya, Rwanda, Uganda and South Sudan.
The proposed regional modern railway line will run from Mombasa through Nairobi, Kampala and Kigali to Juba.