Uganda Reserves $8 Billion in Rail Plans for Chinese Bidders
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Uganda plans to invite six Chinese companies next month to compete for as much as $8 billion worth of contracts to expand the country’s railway network and help improve trade routes with four bordering nations.
Uganda signed an agreement with the Chinese government giving companies from the Asian nation exclusive rights to lead the project, Ugandan Works Minister John Byabagambi said by phone yesterday from the capital, Kampala. He declined to identify the companies that will participate in the bidding.