THE World Bank will invest sh750b in Uganda for the next five years to increase productivity of enterprises, access to secondary education and basic health services. The projects to benefit from the funds are Energy for Rural Transformation (sh135b), Universal Secondary Education (sh270b), Health projects (sh180b) and the Northern Uganda Social Action Fund (sh180b).
Speaking at the bank's head office in Kampala yesterday, the country manager, Kundhavi Kadiresan, said the projects were yet to be approved by the bank and Parliament. Kadiresan said the bank hoped that investing in energy would improve access to electricity, adding that only 7% of Ugandans were connected to the national power grid.
Under the project, he said, the bank would also put emphasis on renewable energy for the general population and solar power for schools. Kadiresan said the bank would fund the construction of a 10MW power plant on River Kagera and the Kasese Transmission Line. He said part of the money allocated to the free secondary education programme would be used to buy text books and build more classrooms. The bank plans to reduce the text book student ratio from one to 11 down to one to four, he said, adding that it also wanted to reduce the students from 100 per class to 60.
Under the health plan, clinics and hospitals will be constructed across the country, Kadiresan said.
Peter Okwero, the senior health specialist of the bank, said part of the money would go towards strengthening management of hospitals and the training of personnel.
The Northern Uganda Social Action Fund Project, one of the bank's most controversial projects, was slated to end this month, but the bank injected another sh180b, which it said would increase household income and improve standards of living in the war-ravaged region.
The project will help the poor to form business organisations to enhance their household incomes. It will also support the rehabilitation of socio-economic infrastructure in the underserved communities, Okwero said.
Speaking at the bank's head office in Kampala yesterday, the country manager, Kundhavi Kadiresan, said the projects were yet to be approved by the bank and Parliament. Kadiresan said the bank hoped that investing in energy would improve access to electricity, adding that only 7% of Ugandans were connected to the national power grid.
Under the project, he said, the bank would also put emphasis on renewable energy for the general population and solar power for schools. Kadiresan said the bank would fund the construction of a 10MW power plant on River Kagera and the Kasese Transmission Line. He said part of the money allocated to the free secondary education programme would be used to buy text books and build more classrooms. The bank plans to reduce the text book student ratio from one to 11 down to one to four, he said, adding that it also wanted to reduce the students from 100 per class to 60.
Under the health plan, clinics and hospitals will be constructed across the country, Kadiresan said.
Peter Okwero, the senior health specialist of the bank, said part of the money would go towards strengthening management of hospitals and the training of personnel.
The Northern Uganda Social Action Fund Project, one of the bank's most controversial projects, was slated to end this month, but the bank injected another sh180b, which it said would increase household income and improve standards of living in the war-ravaged region.
The project will help the poor to form business organisations to enhance their household incomes. It will also support the rehabilitation of socio-economic infrastructure in the underserved communities, Okwero said.
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