Kampala, Uganda, April 7, 2010—IFC,
a member of the World Bank Group, is helping increase access to safe and
affordable drinking water in Uganda by training members of the country’s
government and private sector on how to improve efficiencies and
attract additional investment into the water sector.
IFC’s Uganda Small Scale Infrastructure
Provider Water Program (SSIP), in partnership with the Austrian Development
Agency, is conducting training sessions in Kampala from April 7-14 for
representatives from Uganda’s Ministry of Water and Environment, local
government, and private sector water operators.
The training sessions will help participants
improve their knowledge in structuring and managing public-private partnerships
(PPPs) and will also help increase private sector participation in Uganda’s
Dan Kasirye, IFC Senior Investment Officer,
said, “IFC is committed to supporting the government of Uganda’s efforts
to expand the supply of piped water to small towns. The goal of these training
sessions is to improve service delivery standards, particularly in water
supply systems in small towns”.
IFC’s Uganda SSIP Water Program aims
to improve the capacity of stakeholders the water sector in smaller towns
by providing practical support to develop, implement and manage PPPs. The
program is also facilitating access to finance for private operators from
local banks to increase funding for piped water projects in small towns.
IFC is the only international financial
institution focused exclusively on the private sector, the engine of sustainable
development in emerging markets. Along with IBRD, IFC is currently seeking
a capital increase to strengthen its ability to create opportunity for
the poor in developing countries—including supporting the growth of basic
infrastructure, including access to water and sanitation.
IFC, a member of the World Bank Group,
creates opportunity for people to escape poverty and improve their lives.
We foster sustainable economic growth in developing countries by supporting
private sector development, mobilizing private capital, and providing advisory
and risk mitigation services to businesses and governments. Our new investments
totaled $14.5 billion in fiscal 2009, helping channel capital into developing
countries during the financial crisis. For more information visit www.ifc.org.