Loading...
Market
What will be the primary economic impact of Uganda's new railway by October 2030?
2
Resolution / Starting Odds
Increase in regional trade • 25%
Decrease in transport costs • 25%
Boost in local employment • 25%
Other • 25%
Economic reports by Ugandan government or international economic organizations
Story
Uganda Signs $140M EPC/TURNKEY Deal with Turkey's Yapi Merkezi for 272 km Railway
Oct 14, 2024, 11:45 AM
Uganda has signed an EPC/TURNKEY contract with Turkish firm Yapi Merkezi to construct a 272-kilometre Standard Gauge Railway (SGR) line. The UGX 505 billion ($140 million) project aims to boost regional trade and reduce transport costs. This development follows the withdrawal of Chinese support, which had previously hindered the project's progress. The contract includes a 40% local content strategy and is expected to be completed within 48 months from the groundbreaking. The railway line will connect Kampala to Malaba, enhancing connectivity and economic integration within the region.
View original story
Similar markets
Minerals • 25%
Agricultural Products • 25%
Manufactured Goods • 25%
Other • 25%
China • 25%
Tanzania • 25%
Zambia • 25%
Other • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
September 2024 • 25%
October 2024 • 25%
November 2024 • 25%
December 2024 • 25%
Significant increase in Ethiopian trade through Djibouti • 25%
Moderate increase in Ethiopian trade through Djibouti • 25%
No significant change in Ethiopian trade through Djibouti • 25%
Decrease in Ethiopian trade through Djibouti • 25%
Yes • 50%
No • 50%
Increased trade volume • 25%
Improved regional stability • 25%
Enhanced infrastructure development • 25%
Other benefits • 25%
Yes • 50%
No • 50%
Less than C$1 billion • 25%
C$1 billion to C$2 billion • 25%
C$2 billion to C$3 billion • 25%
More than C$3 billion • 25%
Increased trade volume • 25%
Reduced shipping costs • 25%
Improved diplomatic relations • 25%
Other • 25%
Increased trade • 25%
Improved diplomatic relations • 25%
Enhanced regional stability • 25%
Other • 25%