The African Development Bank (AfDB) recently signed loan agreements of $151 million to finance the construction of the Multinational Busega-Mpigi Express Highway that links Uganda and Rwanda on a new alignment with four grade-separated interchanges.
The 23.7 kilometre highway will have four express lanes.
The project which will cost a total $192 million has includes capacity building for the Ministry of Works and Transport; and training and capacity building for cross-border women traders at Mirama Hills and women and youth vendors in Busega Market.
Owing to the high traffic volume of the Busega-Mpigi Express Highway, it will have an Operations and Maintenance Concession to address its future requirements for maintenance.
The signing of the loan agreements was facilitated by AfDB’s East Africa Regional Development and Business Delivery Office Director General Gabriel Negatu who thanked the Ugandan government for its commitment to the development of infrastructure in the country.
Matia Kasaija, Uganda’s Minister of Finance, Planning and Economic Development thanked the Bank for its support while highlighting the vital role of the highway in improving transport services in central Uganda and its contribution to regional integration.
The loan agreements were also inked by the African Development Fund.