Charles Kateeba, the executive Director, URC, says the US$ 340M plan to revive the meter-gauge railway is funded by the European Union. He led a team of URC technical officers to inspect the Jinja Railways station.
According to Kateeba, they conducted feasibility studies early this year and identified a contractor to create structural designs for a world-class inland container depot at Port Bell.
URC owns 1200 cargo containers, which have remained redundant due to lack of a functional meter gauge system.
Kateeba argues that the rehabilitation of the railway line will boost both the import and export markets within the East African region.
He disclosed that members of the URC technical committee are conducting a week-long survey to assess viable sites for the construction of business centres along the rail line.
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