Uganda appoints Citibank to lead financing for €2.7 billion rail project

Citibank will mobilize €2.7 billion for Uganda’s Standard Gauge Railway project

The electrified line connects Kampala to Malaba at the Kenyan border

Turkish contractor Yapı Merkezi is overseeing the 272-kilometer rail construction

Uganda is also negotiating with the World Bank for additional financial support

Uganda appoints Citibank to lead financing for €2.7 billion rail project

Citibank will mobilize €2.7 billion for Uganda’s Standard Gauge Railway project

The electrified line connects Kampala to Malaba at the Kenyan border

Turkish contractor Yapı Merkezi is overseeing the 272-kilometer rail construction

Uganda is also negotiating with the World Bank for additional financial support

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