Uganda’s Entebbe International Airport is set to get a new 36-kilometre toll road to capital Kampala, courtesy of Chinese investors.
According to the East African country’s finance minister, Syda Bbumba, the Chinese government has pledged to invest $350 million on the project, which will relieve traffic congestion on existing roads.
It is thought that the Chinese government will build the new toll road using concessionary loans from the Export-Import Bank of China.
China is a main source of foreign direct investment in Uganda, East Africa’s third-biggest economy, where commercially viable oil deposits have been discovered, according to the Uganda Investment Authority.
