Cabinet Approves Presidential Industrial Initiative for Rwenzori

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In short
The initiative which aims to fight poverty in the region through increasing household income and wealth creation was approved by cabinet yesterday.

Cabinet has approved a presidential initiative to promote agro-industrialisation for Local Economic Development (LED) in Rwenzori region. 

The initiative which aims to fight poverty in the region through increasing household income and wealth creation was approved by cabinet yesterday.

Sources well-informed about the project say it was pushed by Operation Wealth Creation (OWC) coordinator, Gen Salim Saleh who has camped in the region for close to a year. 


He has also appealed to Kasese Catholic Diocese to partner with him in identifying the vulnerable groups that depend on subsistence farming for survival. These groups will be supported under LED.

According to a cabinet press statement, the project is meant to enhance private sector growth and development through enterprise development and attracting local as well as foreign investors to participate in the region.

It will promote cross border trade through construction of a bridge at River Semuiliki to link Ntoroko and the entire region to Ituri in the Democratic Republic of Congo.

The initiative is further expected to strengthen capacities in terms of infrastructure and human resource, reorganise and strengthen production and productivity in agro-based industries. 

In January a 649 Billion Shillings development plan for the Rwenzori region was unveiled.

According to the plan, Bunyangabu will receive 57 billion shillings, Bundibugyo 52, Kyenjojo 56, Kyegegwa 52, Kamwenge 53, Kasese 59, Kabarole 55 and Fort Portal Municipality 53 Billion.

The funds will be given to the districts in a three-phase plan starting with the next financial year.

The plan is aimed at transforming local governments with a focus on poverty eradication and sustainable wealth creation by paying attention to the needs of individual districts. 

In  February, the Kasese District Council approved a 119 billion Shillings investment plan, with the help of Gen. Saleh.


 
 

 

About the author

Blanshe Musinguzi
Musinguzi Blanshe is a politics-cum-business journalist. He joined Uganda Radio Network in February 2017. Previously, he worked at Daily Monitor and Red Pepper Publications Limited. He is keenly interested in data journalism.