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World Bank approves $90 million loan for roads

The World Bank on Thursday approved a US$ 90.98 million credit to help Uganda improve its access to rural and economically productive areas and build up road sector planning and management capability. A World Bank statement received by IRIN said the loan would support the government's US$ 360-million Road Sector Development Programme and would help upgrade the main roads of Busunju-Kiboga-Hoima and Karuma-Oliwiyo-Pakwach-Nebbi-Arua. "Strengthening the road networks will lead to substantial savings in vehicle operation and infrastructure maintenance costs as well as reductions in travel time and transport costs for road users and the rural population," the statement said.

This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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