Uganda: Investment for Industrial Transformation and Employment

The development objectives of the Investment for Industrial Transformation and Employment Project for Uganda are to mitigate the effect of Coronavirus disease 2019 (COVID-19) on private sector investment and employment and to support new economic opportunities including in refugee and hosting communities. The project comprises of four components. The first component, mitigating the impact of COVID-19 with a focus on the manufacturing and exporting sectors driving economic transformation, including refugee and host district’s objective is to ease liquidity constraints on micro, small, and medium enterprises (MSMEs), including women led and refugee MSMEs. The second component, creating new productive and transformative assets including in refugee and host districts focuses on enabling new financing to restart and bolster economic growth. The third component, enhancing capabilities in public institutions and private firms will specifically target female-owned enterprises and firms owned by or employing refugees. The fourth component, implementation support and monitoring and evaluation objective is to support: (a) establishment of the project implementation framework; and (b) support implementation, capacity development, monitoring and evaluation.