§ Mr. J. Johnsonasked the Secretary of State for the Colonies what plans the Government of Uganda anticipates for carrying on light industries by a public corporation; and what steps have been taken in this direction.
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§ Mr. Lennox-BoydThe Uganda Development Corporation, in which the Uganda Government is the sole shareholder, has set aside a reserve fund of£70,000 for the development of small industries and assistance amounting to£22,000 has been allocated from this fund. It is also possible for financial assistance to be obtained for light industries by Africans from the Uganda Credit and Savings Bank and the African Loans Fund.
The Uganda Government has secured the assistance of an expert through the international Co-operation Administration who will undertake a survey and offer advice on the best means of developing African industries. The result of this survey should be a valuable basis on which to determine future assistance in this field by the Uganda Development Corporation.