Geza Ulole
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where r the Wakunya doubters?
Cost comparison SGR Kenya vs SGR Tanzania
Cost comparison SGR Kenya vs SGR Tanzania
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Tupo tunahangaika na mitungi yetu ya chang'aa tuu kongozi
Teargas
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I see a low quality trains being offered to you😂😂.A Deal Worth 335.4 Bil. Won
Hyundai Rotem Lands Order for Electric Trains and Locomotives from Tanzania
- By Jung Min-hee
- July 7, 2021, 09:21
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An electric locomotive manufactured by Hyundai Rotem
Hyundai Rotem announced on July 6 that it has won an order for 80 electric trains and 17 electric locomotives worth about 335.4 billion won from Tanzania Railway Corp.
Electric trains are worth 215.7 billion won and electric locomotives 119.7 billion won. They will be delivered to Tanzania by 2024.
The trains will run on a 546-kilometer route linking Dar es Salaam and Makutopora, the first and second stages of a standard track railway project in Tanzania.
The Tanzania government will invest about US$7 billion to build a 1,219-km-long international standard railway with a 1,435 mm-wide track in five stages.
Hyundai Rotem Lands Order for Electric Trains and Locomotives from Tanzania
Hyundai Rotem announced on July 6 that it has won an order for 80 electric trains and 17 electric locomotives worth about 335.4 billion won from Tanzania Railway Corp.Electric trains are worth 215.7 billion won and electric locomotives 119.7 billion won. They will be delivered to Tanzania by 2024.Thwww.businesskorea.co.kr
This is what the article is saying 👇👇👇
Electric trains are worth 215.7 billion won and electric locomotives 119.7 billion won. They will be delivered to Tanzania by 2024.
So the total cost of the 80 electric trains are 215B won which is equal to $189M. That means that the cost of one electric train is $2M same to the cost of the diesel train😂😂. Cost of a proper electric train is $6M.
Geza Ulole
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This is beyond ur ability to grasp..! Ur level as Kunyans is mitungi ya chang'aa!
Aliposema 80 electric train typographically alimaanisha compartment Moja yaani behewa Moja. Normal price for electric trains with 6 or 7 compartments costs usd 7m
Fundi kitasa
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Hyundai Rotem wins $300 mn green train car order in Tanzania
2021.07.06 15:40:37 | 2021.07.06 15:42:28
![[Photo provided by Hyundai Rotem]](/proxy.php?image=https%3A%2F%2Ffile.mk.co.kr%2Fmeet%2Fneds%2F2021%2F07%2Fimage_readtop_2021_652633_16255537484707449.jpg&hash=172379a4914936b6bd05a09a797a601b "[Photo provided by Hyundai Rotem]")
[Photo provided by Hyundai Rotem]
South Korea’s railway system maker Hyundai Rotem Co. has struck a $295.65 million deal to supply eco-friendly train cars in Tanzania’s railway infrastructure project.
According to its regulatory filing on Tuesday, Hyundai Rotem has been awarded contracts worth a combined $295.65 million from Tanzania Railways Corporation to supply 80 train cars worth $190.12 million and 17 electric locomotives worth $105.53 million.
Hyundai Rotem’s electric trains, which are set to be delivered by 2024, will be deployed on a 546-kilometer (339 miles) high-speed electric line running between Dar es Salaam and Makutupora in Tanzania as part of the country’s Standard Gauge Railway (SGR) line project. They will be the first eco-friendly electric train vehicles to operate in Tanzania.
The project is the Korean locomotive maker’s first in the African country.
All 97 trains can carry about 590 passengers and run at a maximum of 160 kilometers per hour, much faster than the diesel trains currently running in the country at 30 to 40 kilometers per hour. The vehicles will also feature seats for easy wheelchair access as well as nursing rooms.
The Tanzanian government has invested a total $7 billion in the SGR project to construct a railway stretching for 1,219 kilometers connecting Dar es Salaam and Mwanza, the two largest cities of the country, with a standard track gauge of 1,435 millimeters. The project is aimed at modernizing the country’s rail infrastructure, thereby significantly increasing the passenger and freight transportation volume.
Hyundai Rotem explained that its excellent business management capabilities, stable delivery and superior performance of its products that have been proven in projects for other African countries including Egypt, Tunisia and Nigeria, helped it to win the orders. The contracts will serve as a foothold for the company to win additional orders for the SGR and other rail infrastructure projects in Tanzania, it explained.
Shares of Hyundai Rotem finished Tuesday down 2.21 percent at 24,300 won ($21.51) in Seoul.
By Lee Soo-min
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]
Hyundai Rotem wins $300 mn green train car order in Tanzania - Pulse by Maeil Business News Korea
South Korea’s railway system maker Hyundai Rotem Co. has struck a $295.65 million deal to supply eco-friendly train cars in Tanzania’s railway infrastructure project. According to its regulatory filing on Tuesday, Hyundapulsenews.co.kr
Kuna watu watahama nchi humu, sisi miradi yetu inaenda polepole ila ni ya viwango nq uhakika
Geza Ulole
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Fundi kitasa
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😅😅 kazi kwelkweli na migari yao ya moshii
Geza Ulole
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Yaani we acha tu!
A simple break down btn the cost of electrical SGR Tanzania and diesel SGR Kenya!
chukua: $3.1 bln + $0.3 bln (cost ya electric trains + locomotives) + $0.06 bln (cost of EMU) + $0.035 bln (Dar-Moro Transmission line) = $3.51 bln
Change inayobaki: $4.3 bln (diesel SGR Kenya) - $3.51 bln (electrical SGR Tanzania) = $ 0.79 bln
yaani balance ni around $800 mln for electrical SGR Tanzania!
Geza Ulole
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NEWS
Hyundai Rotem wins contract to deliver train cars to Tanzania
07 Jul 2021 (Last Updated July 7th, 2021 10:47)The new trains will run on a 546km electric line connecting Dar es Salaam and Makutupora.
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All 97 train cars will operate at a maximum speed of 160km/hr. Credit: HYUNDAI ROTEM COMPANY.
South Korea-based company Hyundai Rotem has secured contracts worth $295.65m (KRW335.4bn) from Tanzania Railways Corporation (TRC) to deliver eco-friendly train cars.
As per the deal, TRC will receive 80 train cars worth $190.12m and 17 electric locomotives worth $105.53m from Hyundai Rotem.
These railcars are expected to be delivered by 2024.
As part of Tanzania’s Standard Gauge Railway (SGR) line project, the new train cars will operate on a 546km high-speed electric line spanning between Dar es Salaam and Makutupora.
All 97 train cars will operate at a maximum speed of 160km/hr and will have the capacity to carry up to around 590 commuters.
These new trains will be much faster than the diesel trains currently operating in Tanzania at 30km-40km per hour.
They will also feature nursing rooms, along with seats for convenient wheelchair access.
Hyundai Rotem stated that these will be the company’s first eco-friendly electric train vehicles to run in Tanzania.
The company is expecting to secure future deals as the Tanzanian government is working on a railway infrastructure project.
Around $7bn has been invested by the country’s government in the SGR project.
The project involves the construction of a railway stretching 1,219km linking Dar es Salaam and Mwanza, with a standard track gauge of 1,435mm.
It aims to upgrade Tanzania’s rail infrastructure and is expected to expand the passenger and freight transportation volume.
In April, National Egyptian Railway Industries Company and Egypt’s Transportation and Planning and Economic Development ministries reportedly signed a memorandum of understanding with Hyundai Rotem.
Hyundai Rotem is an affiliate of Hyundai Motor Group, which has Hyundai Motor and Kia under its business control.
Hyundai Rotem wins contract to deliver train cars to Tanzania
South Korea-based company Hyundai Rotem has secured contracts worth $295.65m (KRW335.4bn) from Tanzania Railways Corporation (TRC) to deliver eco-friendly train cars.
www.railway-technology.com
Hyundai Rotem wins contract to deliver train cars to Tanzania
South Korea-based company Hyundai Rotem has secured contracts worth $295.65m (KRW335.4bn) from Tanzania Railways Corporation (TRC) to deliver eco-friendly train cars.
www.railway-technology.com
Geza Ulole
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SGR plans initiated under Mkapa govt, reveals Jakaya Mrisho Kikwete
THURSDAY JULY 08 2021
By Hellen Nachilongo
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Kilosa. Former President Jakaya Mrisho Kikwete (2005-2015) revealed yesterday how the government decided to build the Standard Gauge Railway project (SGR) during the administration of his predecessor, Benjamin Mkapa (1995-2005).
He, however, commended the government of President John Magufuli (2015-2021), for bringing the idea into fruition. Mr Kikwete made the revelation yesterday when former presidents and prime ministers toured some sections of phases 1 and 2 of the SGR project.
Phase 1 runs from Dar es Salaam to Morogoro, while phase 2 runs from Morogoro to Makutupora in Dodoma.
Along with Mr Kikwete were retired President Ali Hassan Mwinyi, and former prime ministers Mizengo Pinda and John Malecela.
Also present during the tour were ministers Prof Palamagamba Kabudi (Constitution and Legal Affairs), Dr Medard Kalemani (Energy), and Dr Leonard Chamuriho (Works and Transport).
“During Mr Mkapa’s presidency and my regime, we conducted a lot of feasibility studies into the SGR subject; but we faced the challenge of funds with which to execute the project,” he said of the project which was on the government agenda for years.
The plan was to build the SGR from Dar es Salaam to Kigali in Rwanda via Isaka to ease transportation of nickel from Kabanga.
The Kabanga nickel deposit is located in Ngara District, Kagera Region close to the Burundi and Rwanda borders. “But, now, the Isaka-Kigali section is vital because Kabanga is being developed, and there are nickel reserves be transported.
Nickel is a key electric car battery material, and the Kabanga Nickel project, which is run by a UK-based mining firm Kabanga Nickel Ltd, is estimated to contain more than 1.52 million tonnes of nickel.
“We are happy, and sincerely appreciate that President John Magufuli started the SGR construction - and we also sincerely applaud President Samia Suluhu Hassan for enabling progression of the project,” he said.
The Tanzania Railway’s Corporation (TRC) managing director, Masanja Kadogosa, said plans to construct the Isaka-Kigali phase were under way.
“We have already done a feasibility study from Isaka to Rusumo. The African Development Bank has also shown interest in funding the project,” he said.
He said actual construction will take off, depending on willingness of Rwanda which will be required to construct its part from Rusumo to Kigali.
He said discussions between Tanzania and Rwanda were in final stages.
SGR plans initiated under Mkapa govt, reveals Jakaya Mrisho Kikwete
Former President Jakaya Mrisho Kikwete (2005-2015) revealed yesterday how the government decided to build the Standard Gauge Railway project (SGR) during the administration of his predecessor...
Geza Ulole
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ECONOMY
Kenya fails to ink Sh16bn JKIA rail contract in Paris
THURSDAY JULY 08 2021
By BONFACE OTIENO
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SUMMARY
- Nairobi had been expected to close the Sh16.8 billion financing deal in Paris when the President made the two-day visit to the French capital.
- Earlier agreements had provided for the signing of the loan pact by June 30 when President Kenyatta was in France.
President Uhuru Kenyatta is received by his French host Emmanuel Macron at Elysee Palace at the start of his official visit to France on Wednesday evening. PHOTO | PSCU
Kenya failed to ink a financial deal for the construction of a railway line linking Jomo Kenyatta International Airport to Nairobi’s city centre during President Uhuru Kenyatta’s visit to France last week, delaying the €128 million (Sh16.3 billion) infrastructure plan.
Nairobi had been expected to close the Sh16.8 billion financing deal in Paris when the President made the two-day visit to the French capital.
Transport Cabinet Secretary James Macharia told the Business Daily that the French trip did not lead to the signing of the deal, which will fund the construction of the five kilometre metre-gauge line linking the airport to standard-gauge rail (SGR) terminus in Syokimau.
Earlier agreements had provided for the signing of the loan pact by June 30 when President Kenyatta was in France.
“No agreements were signed, we just reviewed progress towards the launch of the project,” said Mr Macharia, without giving details.
This means that the rail project, whose construction was initially set for August following a deal agreed between French President Emanuel Macron and his Kenyan counterpart in March 2019, faces further delays.
The loan will also aid the revamp of the old 17-kilometre railway track that links to the SGR line at Syokimau, construction of two airport stations, a terminal at Donholm and an automatic fare collection system.
Kenya Railways referred the Business Daily to the Treasury when asked about the reasons behind delays in inking the Sh16.3 billion loan deal.
“As per the financial protocol, signing of the loan agreement was expected by June 30, 2021. This is being handled by the Treasury. The Treasury are best placed to provide an indicative timeline,” said Kenya Railways chairman Pastor Awitta.
The JKIA-Nairobi city centre railway line was planned to decongest the capital city and reduce the time taken between the central business district and the region’s largest international airport—which handled 11.7 million domestic and international fliers last year.
The distance between JKIA and Nairobi city centre is 20km, and travel should take between 30 minutes to less than an hour.
However, it takes up to two hours due to traffic on the usually busy Mombasa Road.
Turf wars and tendering fights had derailed the construction of the JKIA railway line in what threatened the deal inked by presidents Macron and Kenyatta.
The Treasury had raised the red flag over the secret procurement of a consortium of French firms to build the new railway line and declined to commit funds following a request from the Ministry of Transport.
The Transport ministry informed the Treasury that the consortium of five French companies led by Egis Group had been tapped for the railway project on the back of a financing deal agreed with Paris and commercial lender BPI France Assurance Export.
This followed a decision by the State to drop the bid to have the JKIA rail built using private backers who were to recover their money from toll charges and instead opted for a French loan.
The turf wars also hinged on revelations that the Cabinet had yet to approve the JKIA rail project despite the deal being part of a multi-billion shilling trade agreement that Mr Macron signed with Mr Kenyatta during his March 2019 Kenya visit.
The public private partnership (PPP) deal fronted by French firm, Egis, was also faulted for not having complied with the law.
The consortium of French companies included Egis, Sogea-Satom, Alstom, Thales and Transdev—who are major players in the rail transport business.
Construction of the rail link to JKIA was expected to be completed in 2021. Mr Macron viewed it as one of the key projects to cement bilateral ties between Nairobi and Paris, promising to provide sustainable financing in what was seen as a dig at China.
China has provided nearly Sh500 billion in loans for the construction of the SGR line from Mombasa to Nairobi, but some critics have expressed concerns over Kenya’s growing debt burden and Chinese loans.
China had earlier expressed interest in expanding the SGR line to JKIA and the city centre via Syokimau. But the plan was termed costly and shelved.
Sources familiar with the rail deal see the hand of the Chinese in attempts to block it.
Mr Macron’s joint press briefing with Mr Kenyatta was symbolic given its venue at the CBD railway terminus where the French leader repeatedly mentioned ‘sustainable financing’ and ‘respect for sovereignty’ in what was understood to be his way of saying that Paris funding was better than Chinese.
A number of French firms signed deals worth over Sh300 billion during Mr Macron’s two-day visit.
The French-Chinese rivalry over the railway deal played out immediately Mr Macron left Kenya.
The Chinese Embassy in Nairobi organised a tour of the SGR project the following week, inviting Kenyan officials, MPs, journalists and scholars.
Kenya fails to ink Sh16bn JKIA rail contract in Paris
Kenya failed to ink a financial deal for the construction of a railway line linking Jomo Kenyatta International Airport to Nairobi’s city centre.
www.businessdailyafrica.com
MY TAKE
20 km light rail at €128 mln? No wonder Mchina ame-block hiyo signing! Mtu atafinywa pretty soon!