Project update - Tanzania - Intermodal & Rail Development Project

The World Bank has released their Restructuring Paper On A Proposed Project Restructuring Of Tanzania - Intermodal & Rail Development Project. The overall assessment of the procurement is rated Satisfactory. As summarised in table 2, the processing of 52 procurement packages has been completed and enabled the project to commit about US$266.4 million.

The primary reason for the restructuring is to extend the project closing date by 22 months from July 31, 2019 to May 31, 2021, to allow for full completion of project activities.

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