Project is part of TMA’s USD 50Million programming in Rwanda and will cost USD 14.2 Million Will focus on developing port facilities at Karongi, Rusizi and Rubavu and attract private sector investment to operationalize passenger and cargo ferry services on Lake Kivu Kigali, 30th May 2018: TradeMark Africa (TMA) and Rwanda Transport Development Agency (RTDA) unveiled plans to commence on a project that will improve water transport on Lake Kivu, through interventions at Karongi port, Rubavu port and Rusizi port. The project will be part of TMA’s USD50Million programme in Rwanda and will cost USD14.2Million. It will be completed by 2023. The intervention is part of TMA’s pledge to support the Government of Rwanda to enhance water transport on Lake Kivu by constructing harbour facilities in the three port towns of Rubavu, Karongi and Rusizi, attract private sector investment to operate ferry services and streamline the regulatory and institutional framework required for ferry operations on the lake. Funding for this transport project was provide by United Kingdom’s Department for Foreign International Development (DFID) and Embassy of Belgium through TMA. Interventions will result to modern facilities for cargo and passenger handling. Specifically, there will be construction of vessel terminals, warehouse, access roads, parking Areas, administration buildings; service utilities such as water supply, electro-networks, fencing and any other required facilities; and development of inland water ways. Economic benefits will accrue to all port users which will result in increased trade. Businesses will enjoy a reduction of costs incurred when transporting goods along...
TradeMark Africa and Rwanda Transport Development Agency unveil project to improve transport on Lake Kivu
Posted on: April 30, 2018
Posted on: April 30, 2018