Tanzania: New Railway Lowers Freight Costs, Increases Exports
Posted: 24 Feb 2022, 07:57
Tanzania: New Railway Lowers Freight Costs, Increases Exports
Tanzania is growing its network infrastructure and effectively lowering freight costs, increasing exports and growing investment all along the railway line. In the most recent development, an additional 282km of the railway are being constructed to connect Tanzania and Burundi giving the latter access to East Africa biggest and busiest port. The construction is an extension of the already laid down Standard Gauge Railway (SGR) in Tanzania. The two governments have signed an agreement that paves way for new rail to be laid at a sum of US$900 million...