Lake Victoria Shipyard Most vessels currently operating on Lake Victoria need to be repaired and maintained. Due to lack of maintenance facilities, an estimated sixty vessels are anchored in the different ports along the shores of Lake Victoria. Also, smaller vessels like ferries for people, leisure boats, tourist boats, patrol boats and all other steel hulled vessels do not have an option for professional routine maintenance on the lake. With only three large vessels on the lake there is demand for new vessels making transport along the Central Corridor considerably cheaper. The partners intend to set up a shipyard to build new vessels, maintain and repair existing vessels and boats plying Lake Victoria.Corporate Social Responsibility (CSR)The project partners will apply the legal and voluntary international standards inherent to a shipyard. They will provide all employees with labour contracts, good and safe working conditions, the freedom to associate and a working environment free of discrimination. Unskilled personnel will receive a wage of € 100 a month. This is 133% of an average wage in Uganda.All employees will receive a safety and HIV/Aids prevention training and receive protective clothing where necessary. The company will offer equal pay for equal work performed at equal levels at similar locations. No form of discrimination will be tolerated.An Environmental Impact Assessment will be conducted before the implementation of the production facility. All employees will be trained.specifically on environmental awareness including on minimising waste, pollution and energy consumption. The project will apply a zero-tolerance policy with respect to corruption. The offer, payment, soliciting for, or acceptance of bribes in any form will not be accepted. PSI will require a formal CSR policy by the joint venture company in Result 1.Impact•	Employment and working conditionsAll employees will receive health insurance and will be insured for work related injuries. They will receive continuous practical training and environmental training. Free meals and drinks will be provided at the work site. The wages for the basic level will be 133% above the average salaries of € 75 per month.•	Innovation / Transfer of knowledgeModern ship building, maintenance and repair services do not exist in the region. Therefore the service, the product and the production methodology are new and innovative, not only in Uganda but in the whole Lake Victoria region.•	Chain effectsMost of the material will be imported as it is not available in the country. The steel packages to be used for the hulls will be made at Veka Shipbuilding Service BV’s shipyards in the Netherlands and engines will be sourced from renowned manufacturers. The joint venture will use available raw materials for less demanding parts of the ships and the interior such as paint, wood, welding rods, ladders, pipes etc. from local suppliers.Local consumers will benefit from the improved transport infrastructure on Lake Victoria, prices for transport will be lowered by as much as 40%. This means the prices of the transported goods can be decreased improving the market position of Uganda. Because of shorter transport times, the quality of especially imported food products on the market in Uganda will also improve. It will also boost the intra-regional trade of namely food products, consumer commodities and regional food security.Many vessels are anchored because they need to be repaired. For many owners of smaller vessels, it is too expensive to fly in foreign experts and parts to repair their vessel resulting in many abandoned vessels and boats. In all ports of Lake Victoria these abandoned vessels can be found. Many ships can go back into service benefitting the owners. The new and repaired ships will increase the safety as they will comply to international safety standards. Currently, shipping accidents are not uncommon on Lake Victoria.•	Impact on the sectorLocal companies will benefit from this project because a lot of work will be out sourced such as part of the welding and steel work, carpentry, work of electricians and painters. They will also be invited to be trained by the joint venture company on how to apply their skills within the maritime sector.The partners will also receive interns from vocational training centres in Jinja and Kampala and from the Kyambogo Technical University of Kampala.•	EnvironmentThe ship building sector is an innovative sector when it comes to energy efficiency, cost reduction and environmental protection. This environmentally friendly approach will also be applied to this project. The shipyard itself will have no effect on the environment as all waste will be collected and if possible recycled. New ships will be certified by Bureau Veritas which is a guarantee that they are built with respect to the environment. An Environmental Impact Assessment (EIA) will be done before construction of the shipyard begins.•	Position of womenThe shipbuilding and repair sector is a sector dominated by men where women have administrative positions. This project will employ two women in the office at high-level positions. This is 4% of the total workforce.•	Impact on government/society levelThe project will have a direct effect on the transport infrastructure of Lake Victoria because it will increase the safety of transport on the Lake and will lead directly to a much needed increase of transport capacity.The project will have an impact on the government income as the cost of transport make up 40% of all the Ugandan governments import expenses. This will also lower the costs of inputs for local manufacturing and industrialisation.The project will encourage the government to improve existing ports and other maritime infrastructures because the volume of goods transported from Mwanza to Uganda are expected to increase dramatically in the near future. The partners will also offer their assistance to the government on subjects like maritime safety and environmental and energy efficiency issues. The project will introduce modern shipbuilding techniques in Uganda.•	Impact on the local shareholders positionThe project has a positive aspect on the shareholder position of the local partner. The local partner plays an important role in this project that already has received a lot of goodwill from stakeholders, among which the Government of Uganda and parties that will benefit from improved transport possibilities through Lake Victoria. The financial benefit for the local partner will also be considerable. The establishment of a modern shipyard on the shores of Lake Victoria to repair existing vessels and build new ones on the lake.