Find visitors' favorite businesstravel Hotels And.... Book your best!

ad. Buy Grade A Premium Uganda Vanilla Beans NOW Available for Export  

GOU seeks investor for 700 MW Karuma Dam project.

by Kayondo Jimmy Emmanuel

Government of Uganda is seeking a private investor to construct the Karuma hydropower project. This comes after a twist of events when the power firm contracted to undertake construction, Norpak Power withdrew after the global debt crisis, and what it called “a protracted conflict with the World Bank”.

The contractor will be selected under the international competitive bidding. And will be expected to commence work as early as next year (2011). Mr. Kabagambe Kaliisa, Permanent Secretary Ministry of Energy and Mineral Development stated that firms are free to form a joint venture/consortium for the supply, erection and commissioning. . And that Uganda Electricity Generation Company Limited, the Government’s nominee and licensee of the project, will be charged with the supervision and managerial duties.

He went further to state that Karuma is one of the high priority projects in the National Development Plan.

Government of Uganda has also allocated funds under the Energy Investment Fund for the construction of the project.
By Kayondo Jimmy Emmanuel.

Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Africa Uganda Business Travel News .

Haven't yet found what you Want...?

If you haven't yet found what you were looking for or you need detailed information about the subject matter on this page


feel free to ask our business travel consultants.

Book a Prisons & Correctional
Charity Tour

Farmland for Sale
Prime Commercial Property
Entebbe Rd Land 4 Sale
Over 20 Farmland Parcels
Property & Plots of Land

Uganda Online SuperMarket
Online SuperMarket

Uganda Coffee Safari
Book My Coffee Tour

Uganda Honey
Uganda HoneyComb

Subscribe to our Business Travel Newsletter

Enter Your E-mail Address
Enter Your First Name (optional)

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you Africa Uganda Business Travel News Digest.

Hotel Booking

Car RentalCar Hire

Africa Uganda Shipping & Handling ServicesShipping & Handling Services

Our Sponsorship Policy

Apple Guavas available
Africa Uganda Plants GuideAfrica Plants Guide

Charity Investment Guide
Changing Lives

Africa Uganda SMS Guide
Africa Bulk SMS

Poultry Investment Guide
Poultry Business Guide

Related Pages

Uganda Hotels Directory

Uganda Hotels Booking Guide

Houses U can buy Uganda Real Estate Guide Industrial/Farmland Deals

Uganda Real Estates Guide

The Mountain Gorilla

Uganda Safari Guide

Uganda Weather Today

Book My Hotel

Please note that all fields followed by an asterisk must be filled in.

Please enter the word that you see below.


Uganda Currency