A new Uganda Railways Corporation (URC) investment plan promises a larger fleet, an expanded railway network and increased passenger volumes but is quiet on tourism and commercial oil and gas production activities.
The investment plan, a byproduct of the country’s National Development Plan (NDP) IV that covers the period 2025-26 to 2029-30, provides for the purchase of four new locomotives and three railway coaches during the financial year 2026-27, according to URC’s Programme for Investment Action Plan (PIAP). It also includes the acquisition of 100 new wagons and an extra 24 wagons by the close of the 2027-28 fiscal year.
