Bukasa Inland Port

Bukasa Inland Port is an inland port under construction in Uganda.

Location

The port would be located along the northern shores of Lake Victoria, on approximately 500 acres (202 ha) in the neighborhood of Bukasa in Wakiso District, approximately 16 kilometres (10 mi), by road, south-east of the central business district of Kampala, the capital and largest city of Uganda.[1] When fully functional, the port is expected to occupy a bigger land area.[2] Efforts to secure more land are underway.[3]

Overview

When completed the inland port is designed to handle up to 5.2 million tonnes of freight annually.[2] The port will facilitate movement of goods from the Tanzanian ports of Dar es Salaam and Tanga, via rail to the port of Musoma on Lake Victoria. Barges would then bring the cargo over the lake to Bukasa. This would reduce Uganda's near-total dependence on the port of Mombasa, Kenya.[4] Construction is expected to last three years.[5]

Funding

Two German financial institutions agreed to lend US$48 million towards the construction of this port. The Uganda government will contribute US$8.5 million to this project. The funding for the construction of the port is as depicted in the table below:[6]

Bukasa Inland Port Funding
Rank Name of FunderDollars Funded (Millions)Percentage Funding
1 European Export and Trade Bank
24.0
42.48
2 Commerzbank AG
24.0
42.48
3 Government of Uganda
8.5
15.04
Total
56.5
100.00

Totals may be off slightly, due to rounding.

See also

References

  1. Globefeed.com (2 August 2016). "Distance between Post Office Building, Kampala Road, Kampala, Central Region, Uganda and Kirombe, Kampala, Central Region, Uganda". Globefeed.com. Retrieved 2 August 2016.
  2. 1 2 256BN (25 April 2016). "Bukasa Inland Port secures funding". 256 Business News (256BN). Retrieved 2 August 2016.
  3. Musisi, Frederic (26 February 2013). "Bukasa Inland Port survey scheduled for next month". Daily Monitor. Kampala. Retrieved 2 August 2016.
  4. Biryabarema, Elias (12 February 2013). "Uganda to build inland port to reduce reliance on Kenya". Reuters.com. Retrieved 2 August 2016.
  5. Vision Reporter (12 February 2013). "Uganda to build inland port to reduce reliance on Kenya". New Vision. Kampala. Retrieved 2 August 2016.
  6. Asiimwe, Dicta (30 April 2016). "Kampala borrows $48m to build inland port on shores of Lake Victoria". The EastAfrican. Nairobi. Retrieved 2 August 2016.

External links

Coordinates: 00°17′23″N 32°40′14″E / 0.28972°N 32.67056°E / 0.28972; 32.67056

This article is issued from Wikipedia - version of the 8/5/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.