LoyalTzCitizen
JF-Expert Member
- Sep 15, 2010
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- 883
The battle for economic supremacy in East Africa seems to be getting hotter as Tanzania and Uganda lead Kenya in prospective infrastructure projects for 2019.
According to Debtwire, an intelligence service that researches and reports on corporate debt situations, the value of Tanzania’s infrastructure projects for the year is Ksh650 Billion, while that of Uganda is Ksh550 Billion. Kenya’s projects will only cost ksh50 Billion.
This coming at a time when the treasury tabled a report in parliament revealing that the implementation of some 545 major projects had stalled as President Uhuru Kenyatta initiated harsh austerity measures
Kenya Overtaken by Uganda & Tanzania in Infrastructure
According to Debtwire, an intelligence service that researches and reports on corporate debt situations, the value of Tanzania’s infrastructure projects for the year is Ksh650 Billion, while that of Uganda is Ksh550 Billion. Kenya’s projects will only cost ksh50 Billion.
This coming at a time when the treasury tabled a report in parliament revealing that the implementation of some 545 major projects had stalled as President Uhuru Kenyatta initiated harsh austerity measures
Kenya Overtaken by Uganda & Tanzania in Infrastructure