The Uganda Railway Corporation is seeking 93.5 Billion shillings to mitigate the effects of COVID-19 on the sub sector and also repair and maintain its assets.
The Uganda Railway Corporation led by their Managing Director Charles Kateeba were yesterday appearing before Parliament’s National Economy Committee that is interfacing with various businesses to discuss effects of the Coronavirus pandemic on the economy.
In his submission, Geoffrey Obala, the Uganda Railway Corporation Chief Civil Engineer told Parliament that the COVID-19 pandemic has heavily impacted on the railway operations and it also came at the time the Corporation was struggling financially.
Engineer Obala said that the 93.5 billion shillings which is needed within six months will go towards support for both minimum repair and maintenance of assets and funds to support operations including staff costs, fuel and insurance for staff and assets which are the major operational costs. Eng. Obala speaking…..
Mr. Charles Kateeba, the URC Managing Director says indeed they will present their short term, medium and long term strategy to ensure the railway gets enhanced, adding that the challenge has been little funding for the sector as the country concentrated on roads. Mr. Kateeba….
The committee chairperson, Hon. Syda Bbumba asked the corporation to go back and write a detailed strategy on how they plan to develop the rail sub sector to manage not only transportation of goods but also passengers. END