Project name
Dar Es Salaam - Morogoro - Makutupora Railway Project
Project value
USD 2,400,000,000.-
Financing
Export credit facility arranged by Standard Chartered Bank and guaranteed by the Danish Export Credit Agency (EKF) in cooperation with 7 other Export credit agencies (EKN, SACE, NEXI, SERV, CESCE, OEKB & EULER HERMES).
Construction of 541 km railway in two sections from Dar Es Salaam to Makutupora. Financial package involves 8 Export Credit Agencies and otther lenders and DFI's. Extensive E&S plans worked out.
Main Contract carried out by Yapi Merkezi Insaat A.S. from Turkey.
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