{"id":887,"date":"2011-09-26T10:44:11","date_gmt":"2011-09-26T10:44:11","guid":{"rendered":"https:\/\/new.igihe.com\/5-1-billion-needed-for-tanzania-rwanda-burundi\/"},"modified":"2011-09-26T10:41:13","modified_gmt":"2011-09-26T10:41:13","slug":"5-1-billion-needed-for-tanzania-rwanda-burundi","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/5-1-billion-needed-for-tanzania-rwanda-burundi\/","title":{"rendered":"5.1 Billion Needed for Tanzania-Rwanda-Burundi Railway"},"content":{"rendered":"<p>{{Rwanda\u2019s minister of infrastructure Albert Nsengiyumva has revealed that all relevant studies have been completed towards the proposed railway from Tanzania, Rwanda and Burundi.}}<\/p>\n<p>While chairing the inter-ministerial consultative meeting on the progress of the railway activities, Nsengiyumva insisted that plans to get funds are still underway. \u201cWe need around 5.1 billion for the whole project and we\u2019re encouraging Private-Public-Partnership (PPP),\u201d he remarked.<\/p>\n<p>He explained that the PPP will be in terms of \u2018Build-Operate-Transfer\u2019 (BOT) but the period of transfer from the investor hasn\u2019t been decided yet. \u201cWe intend to negotiate the concession period once we get an interested investor,\u201d he remarked.<\/p>\n<p>Currently, BAOBAB,  UK\u2019s railway construction company has shown  interests but the committee has declined its offer due to a number of issues, among them according to the minister of transport in Tanzania Omar Nundu,  their proposal didn\u2019t abide with African Development Bank (AFDB) studies on the project.<\/p>\n<p>\u201cYou see AFDB is funding the studies and if someone wants to bring something different from what they have to negotiate with our donors, it becomes hard,  but we hope to get more investors onboard given the number of interests we\u2019re getting from various people,\u201d said Nundu.<\/p>\n<p>Nsengiyumva seconded him adding that there was no need of panic since the project was vague and needed ample time to verify all the required needs before its inception.<\/p>\n<p>\u201cThis is a very large railway, we\u2019re talking of 1,500 kilometer railway I think it\u2019s the largest in Africa, but I can assure you  all relevant measures have been to speed up the project,\u201d he pointed out.<\/p>\n<p>Meanwhile the overall idea of the railway is to connect Rwanda and Burundi to the sea port,  reducing the amount spent in transporting particularly heavy cargo. It is also believed that the railway will improve trade and lower prices since only transport contributes 40% of commodity prices.<\/p>\n<p>Burundi, though close to Tanganyika Lake, most of their imported goods are picked at Tanzania\u2019s port but the road network is poor. \u201cThe railway will benefit my country since it will reduce time spent through road and water transport,\u201d he remarked.<\/p>\n<p>The project which is nine years old was first initiated by both Tanzania and Rwanda, then later Burundi joined in. \u201cAll we want is to  connect countries in the region, especially landlocked ones and we hope soon the Democratic Republic of Congo will join us,\u201d says  Rwanda\u2019s minister of infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>{{Rwanda\u2019s minister of infrastructure Albert Nsengiyumva has revealed that all relevant studies have been completed towards the proposed railway from Tanzania, Rwanda and Burundi.}} While chairing the inter-ministerial consultative meeting on the progress of the railway activities, Nsengiyumva insisted that plans to get funds are still underway. \u201cWe need around 5.1 billion for the whole [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[75],"byline":[158],"hashtag":[],"class_list":["post-887","post","type-post","status-publish","format-standard","hentry","category-news","tag-homenews","byline-b_igi_adm1n"],"bylines":[{"id":158,"name":"b_igi_adm1n","slug":"b_igi_adm1n","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":1}],"contributors":[{"id":158,"name":"b_igi_adm1n","slug":"b_igi_adm1n","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":1}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=887"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/887\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=887"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=887"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}