European Companies Dominate Uganda’s $1 Billion Toll Road Bids
- Road will link capital with Jinja town and measure 95 kms
- The winning group will have to raise at least $600 million
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Uganda pre-qualified eight groups of companies for a public-private partnership to build and operate a 95-kilometer (59-mile) toll road worth more than $1 billion.
France-based Vinci SA, Strabag SE Austria and Tecnasol Luisa Goncal of Portugal are leading groups in bids for the road linking the capital, Kampala, to Jinja town in the east, Uganda Roads Authority Executive Director Allen Kagina told reporters.