Tanzania and Burundi signed an agreement worth $900 million to build a railway line that will connect the two countries, Tanzania’s Finance Ministry said in a statement Sunday, adding that the two neighboring East African nations are searching for financial backers for the project.
The 282-kilometer (175-mile) line, which will connect the western Tanzanian town of Uvinza with the Burundian political capital of Gitega, is the latest step toward Tanzania’s goal of building a 2,561-kilometer railway network to boost regional trade.
More than a million tons of cargo will be ferried on the track between the two East African countries, and it will transport more than 3 million tons of minerals from Burundi to Tanzania each year, the statement said.
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