Uganda Development Corporation refining financing mechanism for PPPs

The Uganda Development Corporation says that it is refining its financing mechanism to support a wider pipeline of critical projects through which it intends to drive its Public-Private Partnerships via capital injection. Eng. Godfrey Ruhurira, UDC’s Board Chairman, says that with the joint venture structures of the state-owned institutions' stake in the multi-billion-shilling Speke Resort Convention Centre, the focus will be on new projects. Government, through its investment vehicle, the Uganda Development Corporation, holds a 50% equity stake in the Speke Resort Convention Centre, valued at $50 million. #NTVNews #NTVTonight #NTVWeekendEdition Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Connect with us on Messenger via m.me/NTVUganda