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NEW SUSPENSION ACROSS RIVER NILE IN NJERU, UGANDA, TO BE OPENED OCT 17

KAMPALA-- A new suspension bridge built across the River Nile at Njeru, about 75 kilometres east of here on the shores of Lake Victoria, is to be commissioned on Oct 17, says Minister of ICT and National Guidance Frank Tumwebaze.

Addressing the media at the Uganda Media Centre here Tuesday, Tumwebaze said a Cabinet meeting chaired by President Yoweri Museveni on Monday had endorsed the move to commission the new Nile Bridge which was financed by the Japanese government.

In November 2010, Japan signed a loan agreement with Uganda, where the japan International Co-operation Agency (JICA) undertook to fund the construction of the Nile Bridge.

The Japanese government has so far injected 492 billion Ugandan shillings (about 129 million US dollars) into the construction of the Nile Bridge construction, which is expected to replace the old bridge built by the former British colonial government in 1954.

With an increasing business trajectory and transportation of products from the Kenyan port of Mombasa to Uganda, the government realised the need for the construction of a new bridge. By 2020, experts say, the average number of passengers is expected to increase by 33,000 per day and the average cargo weight by 50,000 tons daily compared with the 2008 traffic load.

The Japanese loan agreement for the Nile Bridge construction will be paid back at 0.01 per cent annual interest rate within 40 years, with a grace period of 10 years.

Source: NAM NEWS NETWORK

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