Uganda launches construction of mega power dam on river Nile

August 13, 2013(KAMPALA) - Uganda’s President Yoweri Museveni on 
Monday launched the construction of a new dam along the river Nile 
that is expected to add 600MW on the national grid. 

The Karuma Hydro power dam will cost $1.4b and will be constructed by 
Chinese company, Sinohydro Corporation 

Speaking at the commissioning of construction in Kiryandongo district, 
President Museveni praised the Chinese for having the technical 
expertise and money to fund infrastructural projects. 

"Happily, our Chinese friends also have, not only the technical 
capacity, but financial capacity as well on favourable terms’’, said 
Museveni. 

Museveni said Chinese lending is also "completely free of the usual 
meddling and high-handedness of some of the friends from outside". 

It is suspected by the reference to "meddling friends from outside", 
Museveni meant western countries who peg values as democracy and good 
governance to projects that they fund, unlike the Chinese. 

Museveni also praised the Chinese for focusing on "primary sectors of 
the economy such as infrastructure instead of focusing on secondary 
sectors of national life". 

Uganda faces regular power outages as a result of increased demand for 
electricity which has shot up from 10% to 15% annually, according to 
the Uganda Electricity Transmission Company

Comments

Popular posts from this blog

US Is Not Prepared For Coronavirus

Environmental Health Resources and Links.

CLIMATE CHANGE KENYA PARLIAMENT IS A CRIME SCENE.