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Project News Details
Title:
Burundi - Lake Tanganyika Transport Corridor Development Project Phase I: Rehabilitation of Bujumbura Port
Detail:
The proposed Lake Tanganyika Transport Corridor Development Project will boost regional integration and significantly reduce trade costs between riparian countries (Burundi, DRC, Tanzania and Zambia). Multimodal links with Central Corridor roads and railways will provide greater transport connectivity with other countries in the sub-region, such as Uganda and Rwanda. The project will therefore unlock Lake Tanganyika’s potential as an inland waterway and provide a platform that would link the Northern (Mombasa in Kenya), Central (Dar-es-Salaam in Tanzania) and Southern (Mpulungu in Zambia/ Durban in South Africa) Road Corridors. The rehabilitation of Bujumbura Port will achieve the following key outcomes: (i) reduction of import/export costs by about 30%; (ii) improvement of service level and productivity by reducing port of call times for vessels and increasing the capacity ofterminals; (iv) development of economic opportunities and an entrepreneurial network along Bujumbura Port; and (v) about 20% increase in cross-border trade with countries bordering the Lake. The project has five (5) components: (A) Rehabilitation of Bujumbura Port and Access Roads; (B) Port Facilities; (C) Institutional Support and Capacity Building; (D) Trade and Transport Facilitation; and (E) Project Management.
Country:
Source:
African Development Bank Group
Published Date:
04.12.2019
URL:
Regions:
Project News Details
| Title |
Burundi - Lake Tanganyika Transport Corridor Development Project Phase I: Rehabilitation of Bujumbura Port |
|||
|---|---|---|---|---|
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| Detail |
The proposed Lake Tanganyika Transport Corridor Development Project will boost regional integration and significantly reduce trade costs between riparian countries (Burundi, DRC, Tanzania and Zambia). Multimodal links with Central Corridor roads and railways will provide greater transport connectivity with other countries in the sub-region, such as Uganda and Rwanda. The project will therefore unlock Lake Tanganyika’s potential as an inland waterway and provide a platform that would link the Northern (Mombasa in Kenya), Central (Dar-es-Salaam in Tanzania) and Southern (Mpulungu in Zambia/ Durban in South Africa) Road Corridors. The rehabilitation of Bujumbura Port will achieve the following key outcomes: (i) reduction of import/export costs by about 30%; (ii) improvement of service level and productivity by reducing port of call times for vessels and increasing the capacity ofterminals; (iv) development of economic opportunities and an entrepreneurial network along Bujumbura Port; and (v) about 20% increase in cross-border trade with countries bordering the Lake. The project has five (5) components: (A) Rehabilitation of Bujumbura Port and Access Roads; (B) Port Facilities; (C) Institutional Support and Capacity Building; (D) Trade and Transport Facilitation; and (E) Project Management.
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| Country | ||||
| Source |
African Development Bank Group
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| Regions | ||||
| Sectors | ||||
| Published Date |
04.12.2019
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| Original Url | ||||
| Share | ||||
| Title |
|---|
Burundi - Lake Tanganyika Transport Corridor Development Project Phase I: Rehabilitation of Bujumbura Port |
| Detail |
| The proposed Lake Tanganyika Transport Corridor Development Project will boost regional integration and significantly reduce trade costs between riparian countries (Burundi, DRC, Tanzania and Zambia). Multimodal links with Central Corridor roads and railways will provide greater transport connectivity with other countries in the sub-region, such as Uganda and Rwanda. The project will therefore unlock Lake Tanganyika’s potential as an inland waterway and provide a platform that would link the Northern (Mombasa in Kenya), Central (Dar-es-Salaam in Tanzania) and Southern (Mpulungu in Zambia/ Durban in South Africa) Road Corridors. The rehabilitation of Bujumbura Port will achieve the following key outcomes: (i) reduction of import/export costs by about 30%; (ii) improvement of service level and productivity by reducing port of call times for vessels and increasing the capacity ofterminals; (iv) development of economic opportunities and an entrepreneurial network along Bujumbura Port; and (v) about 20% increase in cross-border trade with countries bordering the Lake. The project has five (5) components: (A) Rehabilitation of Bujumbura Port and Access Roads; (B) Port Facilities; (C) Institutional Support and Capacity Building; (D) Trade and Transport Facilitation; and (E) Project Management. |
| Country |
| Source |
| African Development Bank Group |
| Regions |
| Sectors |
| Published Date |
| 04.12.2019 |
| Original Url |
| View Original Url |
| Share |
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