Sunday, October 17, 2010

Reinvestment Programs Helping MDGs

Environmental and infrastructural reinvestments near the oil reserves found in Lake Albert (as discussed in Second Committees second topic paper) are not only positively impacting the environmental conditions, but also increasing Uganda's potential to reach other MDGs. Lake Albert River Valley, once a remote and desolate area, has now seen foreign investments near $1 billion. This has improved business and social opportunities in the area; schools, heath care facilities (including maternity wards) public transportation, telecommunication, agriculture, real estate, manufacturing facilities, trade and tourism are some of the added opportunities that have arrisen and created a large number of jobs in the area. Public-Private vocational education opportunities are also being provided by businesses in the area reflecting a growing in foreign investments in Uganda's private sector. These businesses have fostered economic growth by generating tax revenues, building long term capacity for growth through growing infastructure and education in technology, innovation and "skills building."


The resulting impacts of this reinvestment have demonstrated progress toward reaching the following MDGs.
  • Eradicate extreme poverty and hunger (creation of jobs)
  • Achieve universal primary education (creation of private schools in area)
  • Reduce child mortality (maternity wards/health clinics)
  • Improve Maternal Health
  • Combat AIDS
  • Ensure environmental sustainablity
  • Develop global partnership of development
Fantastic.

By Brianna Howell

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