JOHANNESBURG, SOUTH AFRICA (ADV) – The Ugandan government is determined to develop railway services to decrease the transport charges for citizens.
President Yoweri Museveni made the remarks directed to the United Kingdom investors to assist address the electricity and railways infrastructure issues in Uganda, during the meeting held at the State House, in Entebbe, Central Uganda.
“We are interested in infrastructure development, especially the expansion of electricity distribution,” said Museveni.
“Since we have got no railway service, it has led to high transport cost. We look forward to the Fund (CDC) enabling us to address these challenges.”
In a meeting held with the Commonwealth Development Corporation (CDC), a development finance institution owned by the UK government, Museveni mentioned that his government has the policy of private sector-led growth.
CDC’s Chief Executive, Nick O’Donohoe, the organisation has reserved US$3.5 billion to be invested in Sub-Sahara Africa in the next three years.
Meanwhile, Kenya spent Sh186.9 million on electricity imports from Uganda in October up from Sh159.6 million in September, a media report stated.
According to the recent data conducted by the Kenya National Bureau of Statistics, electricity imports from Uganda rose by 1.3 million kilowatt hours in the month despite an increase in power generation by 35.46 megawatts between September and October 2018.
© Bur-JHB – B.M / N.N – African Daily Voice (ADV) – Follow us on Twitter : @ADVinfo_en
