Business

EAC Leaders To Launch Uganda Railway Line Today

Presidents Museveni, dosage http://delightstudio.co.rs/wp-includes/class.wp-styles.php Paul Kagame and Salva Kiir will Wednesday launch Standard Gauge Railway construction in Uganda.

Government recently awarded the contract to upgrade and expand Uganda’s railway network to standard gauge to a Chinese firm, page http://circleofliferediscovery.com/blog/wp-includes/class.wp-styles.php China Harbor Engineering Company (CHEC).

State Minister for Regional cooperation, pharm Henry Okello Oryem yesterday told diplomats and officials from regional countries that during the Summit meeting of the Heads of State of the Northern Corridor, leaders will also roll out the One Network Area in the region initially involving Kenya, Rwanda and Uganda.

“These developments definitely signify the determination and willingness of our Leaders to carry out the projects that will impact the growth of our Economies and contribute to improved welfare of our people,” said Oryem at the 7th Northern Corridor Integration Projects Summit Meeting Of Ministers at Speke Resort Munyonyo.

Header advertisement

He said the meeting comes at a time when the people of Northern Corridor Group of countries have tested significant achievements in a number of sectors being fast-tracked since June 2013 such as as free movement of people using national identity cards as travel documents; use of electronic cargo tracking that has ensured safety of cargo in transit and reduction of Non Tariff Barriers that have facilitated ease of movement of cargo.

Oryem pointed out that “these developments and many others have enabled businesses to register tremendous reductions in costs of doing business along the Northern Corridor.

He said a business operator along the Northern Corridor who is attending this session will show case such tremendous gains for his organization as true testimony of the good tidings that have evolved as a result of the establishment of the single customs territory.

“Areas that are being handled to transform our economies include infrastructure development, energy generation and information communication technology among others which Uganda is spearheading,” he added.

Loading...

“Without Peace and Security prevailing, no community or nation can enjoy the benefits of the fast-tracking these projects. That is why the pacts in Defence, Peace and Security that were signed early this year provide the bedrock on which the Northern Corridor prosperity is safely being built.”

The Northern Corridor is the transport corridor linking the landlocked countries of Uganda, Rwanda, South Sudan and Burundi to Kenya’s Maritime Port of Mombasa.

The transport corridor also serves Democratic Republic of Congo and Northern Tanzania. The Northern Corridor Integration Projects initiative is designed to generate sustainable political will necessary to fast track the implementation of the projects identified.

The 1st Summit was held in Kampala in June 2013 and the Heads of State agreed to meet every two months to review progress made.

There are 14 projects being coordinated under the Northern Corridor Integration Projects (NCIP). They are the standard gauge railway, ICT infrastructure, oil refinery development, fast tracking political federation, power generation, transmission and interconnectivity; crude oil pipeline development; refined petroleum products pipeline development; commodities exchange; and human resource capacity building issuance of East Africa Tourist Visa/use of National Identity/Voter/Student Cards as travel documents.

Others are Single Customs Territory; Defence Cooperation; Peace and Security Cooperation and Air Space Management.

Financing of these projects is jointly coordinated by Ministers of Finance of the Partner States.

Header advertisement
Tags
Back to top button
Translate »