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Intraspeed

Sector: Seaport • Location: Rwanda

Source: International Finance Corporation (IFC)

Project
Completed

The project consist of a $5 million A-loan and $5 million standby facility for the expansion and modernization of Intraspeed S.A.R.L. (Intraspeed or the company), a Rwanda-based freight forwarding company serving the Great Lakes Region of Eastern Africa (the project). The estimated project cost is $21.6 million. The project comprises the purchase of:- 100 new trucks, trailers and tankers to expand

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Project Information

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The project “Intraspeed” is an infrastructure initiative in the Seaport sector, located in Rwanda. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Company

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Status

Original status

completed

Taiyo status

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Available timestamps

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Email

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Description

Description

The project consist of a $5 million A-loan and $5 million standby facility for the expansion and modernization of Intraspeed S.A.R.L. (Intraspeed or the company), a Rwanda-based freight forwarding company serving the Great Lakes Region of Eastern Africa (the project). The estimated project cost is $21.6 million. The project comprises the purchase of:- 100 new trucks, trailers and tankers to expand its freight hauling business, and- land for maintenance facilities in Kampala, Kigali, Mombasa and Dar-es-Salam, and (iii) fork lifts and other equipment.Intraspeed was incorporated in Kigali, Rwanda, in 1996. The company currently provides customs clearing services at the ports of Mombasa, Dar-es-Salaam and Mtwara as well as road haulage services from these ports to various destinations in Kenya, Uganda, Rwanda, DRC, Tanzania, Burundi and Zambia.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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