Kenya, Tanzania and Uganda outlined plans to increase spending on roads and power plants in their 2011/12 budgets which were presented in early June. With growth rates ranging from between 5.6 – 7%, economic growth is continuing at a strong pace in East Africa, with Rwanda, Uganda and Tanzania exhibiting the strongest growth rates.
In Tanzania, finance minister Mustafa Mkulo pledged to lift expenditure on electricity projects, road-building and irrigation schemes in 2011-2012 by 85% to help spur the economy. The objective of the country’s budget is to “allocate resources for areas with economic multiplier effects like infrastructure for electricity, water, roads, ports, agriculture, irrigation schemes and information and communication technology.”
Budget highlights: Electricity and power:
65.7 billion Kenyan shillings for geothermal development and rural electrification
98.6 billion Rwandan Francs for development of the power sector – an increase of 30% on the 2010/11 budget
These and other relevant issues will form the basis of discussions at the 13th annual EAPIC conference and exhibition, taking place at the Serena Hotel, Kampala, Uganda from 5 – 9 September 2011.
EAPIC 2011 will provide access to some of the industry’s most influential speakers and stakeholders – people who are setting the standard for the power and water utility sectors across East Africa.
WHY YOU MUST ATTEND THE POWER AND WATER EVENT OF 2011:
- Network with OVER 300 of the leaders in power and water from across East Africa and the rest of the World
- Practical user-driven knowledge that you can implement on the job immediately
- Discover the companies behind some of the biggest projects in East Africa and how they can provide solutions for your company
- View the latest technology for the power sector, presented by 40 of the world’s leading companies
For more information, visit our website www.eapicforum.com