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INVESTMENT & INDUSTRIALIZATION: Finance Ministers Impressed By Quality Of Infrastructure Works In Namanve Industrial Park After Comprehensive Tour

The Minister of Finance, Planning and Economic Development, Matia Kasaija, accompanied by the State Ministers of Finance, Evelyn Anite, (Privatisation and Investment), and Henry Musasizi (General Duties) undertook a comprehensive tour of the ongoing infrastructure development at Kampala Industrial and Business Park, Namanve.

The ministers were accompanied by the Directors of the Board as well as the Management Team of the Uganda Investment Authority.

The massive infrastructure development covers tarmac roads, bridges, water and electricity supplies, digital security systems, drainage systems, waste treatment plants, fibre optic networks (broadband) and a hub for micro, small and medium enterprises, amongst others.

Kasaija commended the Uganda Investment Authority (the project owner) and the contractor, Lagan-Dott Namanve Ltd for the exceptional quality of construction works and the advancements achieved so far.

Anite, said: “We’re working hard to finish infrastructure works in Namanve Industrial Park in the next two years. Right now, there are 258 factories in the park but upon completion, the park will host over 500 factories which will create over 200,000 direct quality jobs”.

The infrastructure development will improve industrial operations in Uganda’s flagship industrial park. The incorporation of modern technologies such as fibre optic networks and a comprehensive CCTV system exemplifies Uganda Investment Authority’s quest to transform the industrial park into a technologically advanced industrial ecosystem.

The industrial park will have dedicated workspaces for micro, small and medium enterprises, ensuring that the benefits of industrialization permeate across all sectors of the economy and society.