Nakawa-Naguru estate development hangs in balance
Jun 09, 2012
The controversial redevelopment of Nakawa-Naguru estates hangs in balance, following the failure of the developer, Opecprime Properties, to secure funds to start work.
By Chris Kiwawulo
The controversial redevelopment of Nakawa-Naguru estates hangs in balance, following the failure of the developer, Opecprime Properties, to secure funds to start work.
Sources revealed that Opecprime Properties has not yet secured money from FMO (The Netherlands Development Finance Company), which had promised to fund the sh747b project.