AfDB signs $229.5m financing for Kampala-Jinja Expressway Project
AfDB has signed a $229.5 million financing with Uganda's government for the first phase of the Kampala-Jinja Expressway PPP project.
The project comprises the Kampala-Jinja Mainline Expressway and the Kampala Southern Urban Bypass (KSB). The works will be implemented in two sections: Section 1 is an urban expressway including KSB (18km) and 35km of the main expressway from Kampala to Namagunga. Section 2 is a rural motorway covering 42km from Namagunga to Jinja.
The proposed PPP concession has a tenor of 30 years, including an eight-year construction period. The Uganda National Roads Authority is the executing agency and has already commenced the procurement of a private concessionaire on a design-build-finance-operate-transfer basis under the availability payment PPP model.
