TZ secures 517bn/- for rail enhancement project
Dar es Salaam, April 19 -- TANZANIA: TANZANIA has secured a 200 million US dollars (about 517bn/-) loan from the World Banks International Development Association (IDA), for the second phase of the Tanzania Intermodal Rail and Development Plan (TIRP-2).
The money will finance safety, climate resilience and operational efficiency improvements to the 970km Dar es Salaam – Isaka metre-gauge line.
In particular, it will fund climate resilience measures for the Kilosa – Gulwe – Igandu section of the line, providing operational and institutional support, including emergency response procedures.
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IDA says that in addition to 900,000 direct beneficiaries, the project will ...
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