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EAC to raise $55 billion for infrastructure projects
January 4, 2018, 5:07 pm
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East African Community member states plan on collectively raising $55 billion to fund proposed flagship infrastructure projects designed to strengthen integration and boost socio-economic growth in the region.

Among the projects approved in a bid to further EAC bloc integration, development and connection are: The 1,443-km crude oil pipeline from Hoima in Uganda to Tanga in Tanzania, as well as the Hoima Oil Refinery in Uganda.

Construction of Mombasa - Nairobi - Malaba - Jinja Expressway linking cities in Kenya and Uganda

Development of several airports and a unified upper Flight Information Region for EAC.

Other planned projects include construction of several standard gauge railway lines to link Kenya, Tanzania, Rwanda, Burundi and South Sudan; the construction of two hydropower projects that could benefit Tanzania, Burundi, Rwanda and the Democratic Republic of Congo; the development of the LAPSSET economic corridor spanning Kenya, South Sudan and Ethiopia; as well as the development of Zanzibar Port in Tanzania.

Speaking at the regional fourth extraordinary sectoral council on transport, communication and meteorology (TCM) held in Arusha, Tanzania last week, Uganda's State minister for Works and Transport, Aggrey Bagiire the chair of the committee said: "Infrastructure plays an important role in promoting regional integration. Henceforth we need to continuously enhance capacities of existing infrastructure to cope with future demands and to meet international standards and requirements."

The council on TCM called for joint efforts between all stakeholders including Partner States, co-operating partners and the private sector in order to realize the huge financial investments required for infrastructure development in the bloc.

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