Tanzania signs $1.9 bln railway contract with Turkish firm
Tanzania on Tuesday signed a contract with Turkish firm Yapi Merkezi to build a 368 km section of standard gauge railway that is expected to cost $1.9 billion and will be funded by loans. It is part of a 1,219 km line which Tanzania is building to help boost trade with neighbouring countries and Yapi Merkezi is already building two other sections which are near completion. The section announced on Tuesday will link Makutopora with Tabora, two towns in the country's central region, Masanja Kadogosa, director general of Tanzania Railway Corporation (TRC), said in a televised ceremony. The full line will connect Tanzania's Indian Ocean port and commercial capital of Dar es Salaam with Mwanza, a port city on the shores of Lake Victoria which straddles the borders of Tanzania, Uganda and Kenya...
Turkish builder signs $1.9b railway construction deal with Tanzania
Turkish construction giant, Yapi Merkezi, signed a $1.9 billion contract with Tanzania on Tuesday to build the 368 km third phase of a planned railway that will eventually link Dar Es Salaam, the commercial hub on the Indian Ocean, to the port city of Mwanza on the shores of Lake Victoria -- which shares a border with Kenya and Uganda... Yapi Merkezi said in a press release that the railway will be the fastest in East Africa, with seven stations between Makutupora and Tabora. All construction, including signalization, telecommunication and electrification work, is slated for completion in 46 months...
