Africa Transport: Uganda Railroad to Kenya Border Bid Won by Turkish Firm
Africa Transport: Uganda Railroad to Kenya Border Bid Won by Turkish Firm
Turkish firm Yapi Merkezi Holdings AS signed a €2.7 billion ($2.95 billion) deal to build a railway line in Uganda. The 272-kilometer (169-miles) track will link the capital city of Kampala to the border with neighboring Kenya. Bloomberg’s Ondiro Oganga breaks down what this means for the African nation and for Turkey.
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They are going to swindle that money
So you couldn’t report from Uganda itself.
Roughly workouts to 11 million dollars per Km. Which is ridiculously overpriced. And even more so when you consider it isn’t a high speed rail line just a basic rudimentary railroad primarily for goods and cargo transport. African leaders getting ripped of again whilst passing the tax burden onto the citizens. And people wonder why we stay poor.
Would it not be a much wiser investment to learn to create these railroads ourselves? Its not that difficult. Primitive countries have been creating railways since the 1700’s and we struggle to accomplish this in 2024… even with the added ease of technological aids, modern equipment and access to hundred of years of open source engineering documents.
Also Turkey has been a long standing campaign now to push foreign infrastructure projects to anyone that buys. It’s apart of their government productivity targets. How Africans can’t see through this is testament to the vision less leaderships of our presidents and their lack of realizing when foreign countries attempt to rip us of.
Take note of my initial sentence. 11Million dollars per Km of standard rail 😂. Wtf that’s the type of construction costs only seen in high wage labor places like the US or Western Europe.
Great project for the Ugandan people..❤
This has to be done by an African firm.
After being criticized, by the West, of Debt Trap for so many years, China doesn’t want to be blamed again.
Only a coup away from losing your investment.