# The money will finance two stretches of a planned 1,219 km railway line.

*fintech · news · 2026-04-28 · MarketScreener*

## Key points

- Standard Chartered Bank arranged a $2.33 billion syndicated financing for Tanzania's Standard Gauge Railway.
- The financing covers two stretches of a planned 1,219 km railway from Dar es Salaam to Mwanza.
- Turkey's Yapi Merkezi and China's China Civil Engineering Construction Corporation will construct these sections.
- Funding sources include export credit agencies, commercial banks, and development finance institutions.

**Companies:** Standard Chartered Bank, Yapi Merkezi, China Civil Engineering Construction Corporation
**Countries:** Tanzania, Turkey, China

[Read the full story on MarketScreener](https://www.marketscreener.com/news/standard-chartered-arranges-2-33-billion-of-funding-for-tanzania-railway-ce7f59d2dd8bfe2d)

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