Members of parliament have passed the bill approving the loan that will used to fund the construction of the road from Ngoma District to Nyanza, crossing Rwamagana and Bugesera.
The bill of the bill approving the loan contract between the government of Rwanda and IDA was sat by deputies on Monday August 7th, 2017.
The project’s funds, worth 75 million Euros, will be used in the Victoria Lake Transport, through the construction of Ngoma-Nyanza road, covering 119 kilometers.
Claver Gatete, the Minister of Finance and Economic Planning, said the loan will help the Government to implement its policies in promoting transport infrastructures.
Presenting the bill before the parliament, Gatete said the funds will be used in the construction of Ngoma-Nyanza road with another part to be used in this project will granted by the government of Japan, which will build a distance of 88 kilometers.
President Paul Kagame also promised to Ngoma resident that the road will be built, while making country outreach in the Eastern Province back in April 2017 to improve commercial business between Nyanza and Ngoma.
Currently, both Eastern and Southern Province are joined by the not paved road from Nyanza to Bugesera and continue to Ngoma passing in Rukumberi.
The loan has already been signed
On June 5, the government of Rwanda, represented by Finance Minister Claver Gatete, and Yasser El-Gammal of World Bank signed the loan that will be used for the road construction, with at least 500 000 people set to benefit from the project.
The road is expected to help create a number of new jobs to the residents from both districts where some will be give per time jobs in the road construction process while others will start small businesses across the road depending on customer demands during the construction period.
The construction activities will start at the end of this year and is expected to reduce the traffic jams that happened at Rusumo-Kigali road and continue in Southern Province on one direction and DR Congo on the other direction.
The road is also an expected solution to passengers who will be heading to Bugesera International Airport, especially residents from Southern Province.
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