22 Feb Burundi and Tanzania reveal $1.9 billion railway construction plan
Burundi and Tanzania have revealed they are aiming to raise US$1.9 billion for the construction of a railway line linking the two East African countries.
The 190 km rail line will connect the Burundian city of Musongati to Isaka in Tanzania, opening up the potential for Burundi to increase mining exports (chiefly nickel) via Tanzania’s several ports, especially Isaka.
“Now is the time to start fund-raising,” Central Corridor Transit Transport Facilitation Agency (CCTTFA) executive secretary Dieudonné Dukundane said, according to comment relayed by Bloomberg.
The CCTTFA is a multilateral agency comprised of the governments of Burundi, the DRC, Rwanda, Tanzania and Uganda, charged with the mandate of promoting the utilisation of key infrastructural facilities within the Central Corridor of East and central Africa.
Dukundane also said other landlocked member countries of the Central Corridor, aside from Burundi, should prepare to begin without delay the construction of railway lines that will connect to Tanzania and its various ports.