Government through the Ministry of Finance, page http://currencyaffairs.org/wp-content/plugins/ml-slider/inc/metaslider.systemcheck.class.php Planning and Economic Development has Tuesday signed a bilateral financial cooperation agreement with the Federal Republic of Germany.
The cooperation agreement covers two projects that government of Uganda intends to carry out in the Energy sector. These include; Mbale- Bulambuli Transmission Line up to EUR 40 Million and Mbarara- Masala Transmission Line up to EUR 35 Million.
Government was represented by the State Minister for Finance, case http://cortrium.com/wp-includes/class-wp-user-query.php David Bahati and the Germany Ambassador, http://centroilponte.com/wp-content/plugins/all-in-one-event-calendar/lib/environment/exception/addon.php Peter Glomeyers signed at the Ministry Headquarters.
“The Agreement we have signed covers two projects in Energy, these projects are in line with government priorities and objectives as laid out in the NDP II,” said Bahati.
“One of the objectives under the Energy sector is to expand the electricity transmission lines to evacuate power from generation plants; this is what the two projects are set to achieve,” Bahati observed.
Bahati has appealed to the Ministry of Energy and UETCL who are the implementers of the projects to speed up preparatory work including compensation of people affected by the projects to ensure that the projects take off in earnest.
He also extended gratitude to Germany for the continued assistance they have extended to Uganda and assured commitment to ensure that all the commitments made are pursued to conclusion.