Govt markets Kagera funding alternatives
KAGERA: DEPUTY Prime Minister and Minister for Energy, Dr Doto Biteko has referred to as on buyers to think about investing in Kagera Region, urging them to benefit from the area’s distinctive geographical alternatives.
The deputy premier was talking through the second regional funding competition, held as a part of the “Ijuka Omuka Week” (Remember Home).
“My appeal after this meeting is that others should come and invest, making use of the opportunities offered by the geography of this region,” he mentioned.
He recommended the Kagera Regional Commissioner, Hajjat Fatma Mwassa for her glorious preparations of the funding convention, which goals at advertising funding alternatives and boosting the area’s financial system.
Dr Biteko additionally inspired Kagera residents to assist the RC’s efforts and work collectively to successfully implement the area’s growth objectives.
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On his facet, Minister for Home Affairs, Innocent Bashungwa mentioned the thought for the competition stemmed from President Samia Suluhu Hassan’s directive to evaluate the causes of financial challenges in Kagera.
“In 2022, stakeholders came together to identify the factors hindering economic growth in the region,” Bashungwa famous.
“The people of Kagera are lucky to have received strong support from President Samia, whose political will has brought various development projects to the region, offering us further opportunities to boost our economy,” he added.
Mr Bashungwa highlighted Kagera’s strategic geographical place, saying the issue makes the area a great place for funding.
“Our region is geographically well-placed and we have a sufficient labour force. We remind our fellow citizens, both locally and abroad, to remember home, despite their work commitments elsewhere,” he mentioned.
The minister additionally expressed appreciation for the federal government’s ongoing large-scale infrastructure initiatives together with the development of the Kigongo-Busisi Bridge, which is predicted to be accomplished in February 2025, the event of key roads and the connection of Kagera to the National Grid.
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Kagera Regional Commissioner, Hajjat Fatma Mwassa mentioned the second funding competition goals at offering a chance for the federal government and stakeholders to share suggestions on the progress and plans for the area’s financial system.
The RC outlined main ongoing initiatives within the area, together with the development of 265.4 kilometres of strategic roads costing 340.49bn/- and the development of 5 bridges value 45.2bn/-.
She additionally highlighted water initiatives value 191bn/- that may profit over 500,000 folks and irrigation initiatives valued at 2.9bn/-.
She additionally urged for extra funding within the hospitality sector, noting that Kagera Region lacks ample services to host massive conferences corresponding to these of the East African Community (EAC).
Engineer Emmanuel Mayanga, from the President’s Office – Regional Administration and Local Government (PO-RALG) offered updates on city growth initiatives in Bukoba, together with the development of 10.75 kilometres of roads, the set up of greater than 800 streetlights to enhance safety at evening, enhancement of Kanoni riverbanks and the upgrading of native markets.
