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Tanzania said to pick Mota, Yapi to build $1.1bn rail

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RAIL
Tanzania chose Turkish construction company Yapi Merkezi Insaat VE Sanayi As and Portuguese building firm Mota-Engil SGPS SA to build a railway at a cost of more than €1-billion ($1.1-billion) to connect the East African country with landlocked neighbors, people familiar with the matter said. The contract is to build about 400 kilometers (249 miles) of track that will link Tanzania with Burundi and Rwanda. Mota-Engil and Yapi Merkezi hold a 50% stake each in the winning group, the two people said, asking not to be identified because the details are private.
 
 
 
 
 

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