The government has signed a contract with Zenitaka Corporation of Japan and Hyundai Engineering and Construction Company from Korea to construct the new bridge at the Nile totalling to Shs343.1 billion.
The signing was conducted at Uganda National Roads Authority (UNRA) officers in Kampala on Monday with UNRA acting on behalf of the government.
State minister for Works, Mr John Byabagambi together with the Japanese and Korean ambassadors witnessed the signing.
Mr Ssebugga Kimeze, the UNRA acting executive director, said the 525 meters-long bridge will comprise of a dual carriageway, and a single-plane cable-stay bridge.
The construction of the second bridge across the Nile at Jinja seeks to ease traffic on the currently ageing Nalubaale Bridge that connects Uganda to the eastern part of the country as well as other countries including Kenya.
The construction is expected to last four years but traffic will continue to flow through the Nalubaale Bridge until completion of the new one in December 2017.
Mr Kimeze said the government had so far paid Shs16.1 billion to compensate 52 people who will be affected.
World Bank recommendation
A World Bank study conducted in 2005 recommended that a new cable stay bridge be constructed on the alignment running between the existing highway at the Nalubaale Dam and the railway bridge.
Mr Byabagambi thanked both Japan and Korea for funding the project to supplement the old bridge that was constructed in the 1940s.