India Exim Bank boosts Rwanda’s Base-Butaro-Kidaho road construction Project with US$66.60 million worthy of funds

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    The Base-Butaro-Kidaho road project is in line with the country’s drive to develop transport and encourage economic activity purposely to achieve a 10 year Rwanda Transport Master Plan provided for in the country’s Vision 2020, adopted in 2012. The road is a single carriage with a construction period of two and a half years.

     

    On the 15th of May, 2018, the government of Rwanda and India Exim Bank signed a concessional loan agreement worth US$66.60 million (about Rwf56 billion) for the construction of Base-Butaro-Kidaho tarmac road in Rwanda’s Northern Province. The road is due to start in 2019 and will be implemented by Rwanda Transport Development Agency.

     

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    Minister for Finance and Economic Planning, Dr UzzielNdagijimana, shakes hands and exchange documents with Tarun Sharma, General Manager and Regional Head of India Export Import Bank (EXIM) after the two signed the deal in Kigali.

     

    The 63 kilometer road project is to connect Rulindo and Burera districts in Rwanda. But most importantly linking the rest of the country to the touristic hub of Burera, Ruhondo lakes, University of Global Health Equity (UGHE), Cancer Reference Hospital in Butaro, as well as paving way to Uganda through Cyanika border crossing.

     

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    According to Dr. Uzziel Ndagijimana, Minister of Finance and Economic Planning, he said: “Rwanda is putting emphasis on the development of transport infrastructure and services to encourage economic growth in a bid to achieve the objectives set by Rwanda’s Vision 2020."

     

    “Transport plays an important role in stimulating economic growth by increasing internal production and facilitating access to domestic and international markets while ensuring favorable conditions for provision and distribution of imported products within the country,” the minister continued.

     

     

    As African Mobilities Observatory - AMO, we look forward to monitor the successes of such mobility developments intended to pave way for a sustainable future for African Mobilities.

     

    What is your say on such developments? Are they sustainable enough for a positive future in Africa? Leave a comment below as you watch through the video attached too.

     

    Sources.

    http://www.newtimes.co.rw/news/rwanda-secures-rwf56-billion-base-butaro-kidaho-road

    Rwanda Vision 2020: The Transport Policy

     

     

    By Joseph Semuju

    Community Manager - AMO

    African Mobilities Observatory - AMO, MICHELIN.

     

    laurence Ullmann David Aurelie KOUASSI marie-pascale baye Alwenyi  Catherine Cassidy Andy COSTA Jerry Rawlings Mbabali

    The road is a single carriage with a construction period of two and a half years.