Africa’s extensive population growth projections mean that by 2040, transport volumes will increase 6-8 times (even up to 14 times in some countries), while output will rise to more than 2 billion tons.
Kenya is to shift 35% of cargo to rail by 2018. Several concessions in the region are already active in East African region including TAZARA, RVR, etc. along with ongoing SGR Development program connecting Kenya, Rwanda, Uganda and South Sudan.
The Nairobi Commuter Rail Project is due as per plan and this African Rail Renaissance is providing ample opportunity for the global players to step in and look for business growth.
With South East Asian lenders like Exim Bank and JICA addressing critical funding requirements with donors like World Bank / IFC, ADB and other institutional investors like AFD, EIB, etc investing in large scale projects, there’s still potential for further private sector initiatives to boost development.
We invite people from allied sectors in transport infrastructure including rail and road to join us at the 4th Annual East Africa Transport and Infrastructure and maximise business potential with ample networking opportunities among knowledge sharing discussions and project updates.
Know more about 4th Annual East Africa Transport & Infrastructure Conference
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