Government to spend about US $ 6 billion on nuclear power plant

By Waswa Deo

Uganda government will spend close to US $ 6 billion to construct a Nuclear power plant to generate extra power for industrial use both local and multi- national.

Sarah Nafuna Mudoko, Head of Nuclear Energy Unit in the Ministry of Energy and Mineral Development has noted that the studies to construct this power plant are done and the first nuclear plant will be ready by 2031 with capacity of 1000 Megawatts and the second power plant will be ready before 2040.

According to Nafuna, the studies have recommended that this first nuclear power plant will be stationed around Lake Kyoga , and future stations will be constructed in Mubende, Lamwo and Kiruhura.

‘’We selected these areas, because they are safe for both, the plant and people. The nuclear power plant always stationed in areas that are free from earth quakes, areas with no valleys and most especially areas with enough water which could help in cooling’’.  Mudoko added.

The construction will kick off in 2022 with help of companies from Russia and China.

The ministry is currently working on policy and laws that will regulate and guide the establishment and use of the nuclear energy in the country.

Over 300 million Uganda shillings will be needed for each person who interested in going abroad to study and acquire more knowledge of working in the nuclear energy stations.

Mudoko, told us that over 50 people will be required to go abroad to obtain knowledge about nuclear energy to ensure that by time of construction, Uganda will be having engineers who can offer their services.

 

Two companies licensed to develop industries in three districts

By Wasswa Deo

Uganda Free Zones Authority has today handed over licenses to two companies to develop industrial zones in three districts including  Jinja, Masaka and Kalungu.

The companies include, Jinja based Nilus group limited and Uganda wood Impex limited based in Masaka and Kalungu.

Nilus  group limited will take on Tobacco leaf processing for export to Europe, middle East and Egypt while Uganda wood Impex limited will be dealing in timber processing and essential oils for export.

While handing over the licenses to directors of these two companies, Magret Banga, the board vice chairperson of Uganda Free Zones  Authority, said that this has been done in line with the government’s policy to market and promote investment in the manufacturing and processing sector in order to boost Uganda’s export.

During the event, the investors urged the government to prioritize those who invest significantly as this will encourage further investment and growth of country’s economy.

Nilus group limited will invest US $ 10.5 Million in this project due to start in August this year  and it is estimated that the project will offer 220 direct jobs and 1400 indirect jobs. Uganda Wood Impex Limited will be  investing US $1.2 million and hoping to employ about 60 people.