VOL. NO: 52      DATE:
 

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AFRICAN ECHO BUSINESS NEWS
Complied by Cass Gilroy-Business Editor

Tanzania offered $80 million for Nairobi-Dar road by ADB

Efforts to provide reliable road links between neighbouring Kenya and Tanzania got a boost from the African Development Bank who has approved $80.33 million to rehabilitate the road network.

The money will be used to finance the Arusha-Namanga- Athi River road development project worth $75.05m (loan), while $ 5.28 million will be given as a grant.

The bank's external relations and communications manager, Felix Njoku, said that the objective of the project is to improve the essential road transport infrastructure between Kenya and Tanzania, particularly between Arusha, Nairobi, Mombasa, Malindi and Dar es Salaam. Njoku said that the overall goal is to support regional integration, cross border trade, tourism, and socio-economic development of the area contributing to the reduction of poverty.

The work involve the reconstruction and rehabilitation of the 240 km Arusha to Namanga Athi River road to a 7 mitre wide carriageway, with surfacing of asphalt concrete and single seal surface dressing, with 2 mitre wide sealed shoulders on each side.

Arusha city, which is the capital of the East African community, will be gaining an excellent link with Nairobi.

The other financiers involved in the project will include the Japan Bank for International Cooperation (JBIC), and contributions from the governments of Kenya and Tanzania.

 

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