The State Minister of Finance in charge of Investment, Evelyn Anite and the top officials of Uganda Investment Authority (UIA) on Tuesday inspected the progress of the £215m Infrastructure development project at Namave Industrial and Business Park.
Established by an Act of Parliament in 1997, Namanve Industrial Park is the country’s flagship industrial park aimed at boosting industrialization, value addition, creation of jobs, import substitution and promotion of export.
The Government took a deliberate effort to develop infrastructure at the vast 2,200 hectares facility to facilitate business. Key infrastructure to be developed include a network tarmac roads, bridges, traffic management systems and solar lighting, water distribution network including a reservoir, sewerage network, waste treatment system including for solid waste. Others are power supply systems (grid power and solar), fibre optic network, a close circuit television network, workspaces for small and medium enterprises, and fire-fighting systems.
According to Minister, the project development is on course.
“The infrastructure development at this state of the art industrial park is on course. This place used to be a death trap but now turned into an industrial ground,” said Anite.
She noted that the park will create hundreds of jobs.
Anite was accompanied by the UIA Board Chair, Morrison Rwakakamba and the Director General, Robert Mukiza.
The UIA , as the country’s primary investment promotion agency and provider of one-stop services for investors, both domestic and foreign, has already the park to a total 368 companies of which 133 are already operating . Meanwhile 154 companies are in construction stage and 90 are in preparation stages of tilting, surveying and NEMA approvals.