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- Multi-Billion Road Project Set to Boost Thika’s Industrial and Economic Prospects
- Tanzania's New $5 Billion Administrative Capital: Magufuli City Underway
- Construction Begins on Tanzania's Multibillion 22-Storey Twin Towers in Nairobi
- 2024-25 Budget Speech Highlights the Growth and Priorities of Tanzania's Construction Sector
- More Than 19 Companies To Represent 'Saudi Made' At BUILDEXPO Africa 2024
- Record breaking figures at Kenya's biggest construction trade exhibition
- Kenya Unveils $2 Billion Plan for New Nairobi Airport Project amid Growing Pressure on JKIA
- Tanzania Gives Go-Ahead to Massive Sh80.85 Billion Mbamba Bay Port Construction Project
$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,2024
Exhibitions In Africa
- 26th Buildexpo Kenya 2025
KICC, Nairobi, kenya
16 - 18, July 2025 - 10th Afriwood Kenya 2025
KICC, Nairobi, kenya
16 - 18, July 2025 - 10th LightExpo Kenya 2025
KICC, Nairobi, kenya
16 - 18, July 2025 - 09th Minexpo Africa 2025
KICC, Nairobi, Kenya
16 - 18, July 2025 - 26th Buildexpo Tanzania 2025
Diamond Jubilee Expo Center, Dar-es-Salaam, Tanzania
24 - 26, Sep 2025 - 09th Afriwood Tanzania 2025
Diamond Jubilee Expo Center, Dar-es-Salaam, Tanzania
24 - 26, Sep 2025 - 09th LightExpo Tanzania 2025
Diamond Jubilee Expo Center, Dar-es-Salaam, Tanzania
24 - 26, Sep 2025 - 09th Minexpo Tanzania 2025
Diamond Jubilee Expo Center, Dar-es-Salaam, Tanzania
24 - 26, Sep 2025