- Biggest construction trade exhibition announced in Nairobi at KICC
- President Ruto's Vision of Affordable Housing Projects Taking Shape in Kenya
- Ethiopia Receives $720 Million in Funding for Road Construction Project
- $3.24 Billion to be Invested in Tanzania SGR Construction by Spain
- Ksh700 Billion to be Invested to Complete Pending Kenyan Road Projects
- $13.8 Billion Kenya-Ethiopia Railway Construction Plans Resume
- Lake Victoria Basin Project Receives Sh355 Million for Phase II Constructions
- Zanzibar Signs a USD 428 Million Agreement to Expand Pemba Airport
- Tanzania government plans to construct 2000 kilometres of roads in 2023
- Project to Build a Dual Carriageway on Kiambu Road in Kenya
$13.8 Billion Kenya-Ethiopia Railway Construction Plans Resume
Kenya-Ethiopia Railway construction will foresee resumption as the Government of Kenya has resumed its construction plans that are set to begin in the year 2025 to construct the high-speed electric train railway at a cost of $13.8 billion. The railway line is anticipated to run from the port situated in Lamu to Ethiopia and then later extend to South Sudan. The standard gauge railway that will cover a distance of 3,000 kilometers will link the brand-new port to Isiolo and later will branch into three routes to Addis Ababa, Juba, and also the city of Nairobi. This was revealed by the Lapsset Corridor Development Authority which is the selected agency that runs the project.
Portraying quite a high internal rate of economic return of more than 12%, the proposed project has been vetted to be viable according to Lapsset email in response to questions it had received. The government of Kenya is raising an approximated $9 million of funds that will be utilized for the detailed feasibility and studies of engineering from an African Union infrastructure fund.
According to the continental body this project is deemed to be of very great importance in connecting African countries with an economic output of a total of $233 billion and approximately 200 million people in the region. The Kenya-Ethiopia railway is part of the bigger infrastructure project referred to as the Lamu Port- South Sudan-Ethiopia Transport, or can even be sometimes referred to as Lapsset. This is one corridor that entails oil pipelines, a refinery plant, roads, and airports that could go at an approximate cost of approximately $22 billion.
Posted on : 10 Dec,2023
Exhibitions In Africa
- INTERNATIONAL ROOFING EXPO 2024
Las Vegas Convention Center, USA
04 - 06, Feb 2024 - PDAC CONVENTION 2024
Metro Toronto Convention Centre, Canada
03 - 06, March 2024 - MOSBUILD 2024
Crocus-Expo IEC, Moscow, Russia
02 - 05, April 2024 - BUILDEX 2024
Damascus International Fairground, Syria
04 - 08, June 2024 - 25th Buildexpo Kenya 2024
KICC, Nairobi, kenya
05 - 07, June 2024 - 09th Afriwood Kenya 2024
KICC, Nairobi, kenya
05 - 07, June 2024 - 09th LightExpo Kenya 2024
KICC, Nairobi, kenya
05 - 07, June 2024 - 08th Minexpo Africa 2024
KICC, Nairobi, Kenya
05 - 07, June 2024 - ARCHIDEX 2024
Kuala Lumpur Convention Centre (KLCC), Malaysia
03 - 06, July 2024 - 25th Buildexpo Tanzania 2024
Diamond Jubilee Expo Center, Dar-es-Salaam, Tanzania
25 - 27, Sep 2024