Rail Events : 4th East and Central Africa Roads and Rail Infrastructure Summit 2013
The 4th East & Central Africa Roads & Rail Infrastructure Summit 2013 is the premier event focusing on Eastern and Central Africa’s transportation infrastructure needs for roads, rails and ports. Inadequate infrastructure remains a major obstacle impeding the region from achieving its full economic growth potential. With East & Central Africa being seen as one of the fastest growing economic hubs, meeting the demand for key infrastructure has been identified as a leading priority and a challenge.
There is a great opportunity for additional new projects and an urgent need to improve the reliability and efficiency of current infrastructure.
Kenya, together with neighboring countries including South Sudan and Ethiopia, has launched a $25-billion infrastructure development plan that will effectively connect East African countries, as well as create a better bridge between East and West Africa. The LAPSSET Infrastructure project is a masterplan that includes a new port hub, a railway line, a highway, airports, a crude oil pipeline and an oil refinery, among others. The project is poised to enhance trade flows and the investment climate of Eastern & Central Africa at a time of increasing interest among global investors in the African continent as a whole.
Tanzania, on the other hand is going ahead with the Dar-es-Salaam-Isaka-Kigali-Giteta-Musongati Railway Project with an estimated worth of $5 billion. This East African Rail Corridor project is one project likely to have profound positive effects on the economies and communities in Tanzania, Rwanda and Burundi.
Mining activities, agricultural production, tourism growth and the new energy projects are contributing to the substantial infrastructure investments in the whole region. However, the question remains if those projects remain in the hands of the local governments or if they are carried out in partnership with private developers
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