New OFID loan to boast vocational education

New OFID loan to boast vocational education

By Tukundane Yonna

Photo by  MOFA

A US$14.3m public sector loan was secured on 23rd March 2017 from the OPEC Fund for International Development (OFID). This happened after an agreement was signed between OFID Director-General Suleiman J Al-Herbish and H.E. Marcel Robert Tibaleka, Ambassador of Uganda to Germany at a ceremony that took place at the OFID Headquarters in Vienna, Austria.

The money is meant for the Vocational Education Project, Phase II.  Phase II will complete the implementation of the on-going Vocational Education Project, which was also co-financed by OFID and involved the construction and equipping of technical institutes in nine districts (Amuria, Hoima, Kamuli, Masaka-Lwengo, Mukono, Nakasongola, Namutumbsa, Pader and Yumbe).

This is expected to boost annual enrolments by over 800 pupils and provide accommodations for over 1,000 girls, thus enhancing gender equality. Additionally, a new component will train instructors and provide additional workshops, tools and equipment to the nine new facilities.

Ambassador Tibaleka said Uganda is thankful for OFID’s support added that OFID’s support would help the Pearl of Africa achieve its goal of becoming a middle-income country by 2020.