Uganda is launching a new round of road building that is set to reduce freight costs and add market reach in the next three years. In a bid to stimulate economic growth that over the last two decades has averaged an annual 2.6 per cent, the Ugandan government has embarked on an intensified round of road infrastructure projects.
It is now close to completing the 49.5km Entebbe-Kampala expressway, which will link the capital city to Entebbe International Airport, and is set to be open in May this year.
Last month, it won $84.5m of loan funding from the African Development Bank (AfDB) for the stretch of Uganda-Kenya highway, from Kapchorwa to the border post of Suam, and on to the upcoming Kitale and Eldoret Town bypasses. Read more. Source | Business Daily