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Uganda signs $2.9 billion-dollar deal with Turkish firm Yapi Merkezi for SGR project

Oct 19, 2024•over 1 year ago

Contract Type

contract

UgandaConstructionBuilding MaintenanceCivil Engineering

Description

Uganda signed a deal with Turkish firm Yapi Merkezi for the construction of the standard gauge railway (SGR) from Malaba to Kampala, a $2.9 billion-dollar electric rail project aimed at reducing transportation costs and increasing the efficiency of the rail transport system in Uganda.

Company Information

Company

Yapi Merkezi

Location

Uganda

About

Yapi Merkezi is a Turkish construction firm specializing in infrastructure projects. The company has extensive experience in building railway systems and has a strong reputation in the industry.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.