The 63km road will link Rulindo and Burera Districts and will be connected with that from Musanze District to Cyanika Boarder Post.
Speaking at the signing ceremony yesterday in Kigali, the Minister of Finance and Economic Planning, Dr. Uzziel Ndagijimana said that the road will ease business in the region, transportation and tourism.
“It will help us in transportation of goods, business and the flow of people. There are development activities that will use the road, like Butaro Hospital. In the region, there is construction of Global Health Equity (UGHE), it will be easy for people who will need these services,” he explained.
The road is also expected to facilitate tourists visiting touristic sites in Burera District and business people in cross-border trade.
Exim Bank Regional Head, Tarun Sharma who was representing the Government of India in the signing ceremony said that his government is proud of continued contribution to the development and welfare of Rwandans through project financing.
“We are happy to sign this loan; the vital subject for us is that all projects lead to the economic development and welfare of Rwandans. Project selection in Rwanda started from energy, agriculture, vocational skills and today is transportation,” he explained.
Base-Butaro-Kidaho construction works had started, but, the country continued to mobilise funding for finalization.
The State Minister in charge of transport in the Ministry of Infrastructure, Jean de Dieu Uwihanganye said that after getting financial means, the next step is to look for a contractor so that construction works will start in November 2018, to be implemented in a period of two years.
The loan recovery will take 25 years at an interest rate of 1.5%. Loan repayment will commence in five years.
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