NewVision.co.ug·3 min read·medium

Uganda plans sh2.49 trillion financing for SGR, Bwindi

J
John Musenze
Uganda plans sh2.49 trillion financing for SGR, Bwindi
✦AI Summary

The Ugandan Cabinet has approved sh2.49 trillion in financing for the Malaba-Kampala Standard Gauge Railway and road upgrades in the Bwindi tourism region. The funding includes sovereign financing for the railway and loans for road infrastructure to improve transport and tourism access.

Why it matters

This investment is a significant step in Uganda's infrastructure development, aiming to boost regional trade and tourism revenue.

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News: Uganda plans sh2.49 trillion financing for SGR, Bwindi

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Uganda plans sh2.49 trillion financing for SGR, Bwindi roads

Cabinet also approved the proposed Uganda Railways Bill, 2026, which is intended to replace the existing Uganda Rail Corporation law.

Lumumba said the roads serve an area that generates significant tourism revenue.

The government plans to mobilise about 548 million (sh2.49 trillion) to finance the Malaba-Kampala Standard Gauge Railway and upgrade roads serving the Bwindi tourism area.

Cabinet approved a proposal to issue 405 million (sh1.84 trillion) in sovereign financing for a section of the Malaba-Kampala Standard Gauge Railway. The decision was among the resolutions approved by Cabinet on September 28, 2026, and announced by the Minister of ICT and National Guidance, Justine Kasule Lumumba, during a media briefing at the Media Centre in Kampala on October 6.

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