Business
New city markets to create 22,800 working space
Publish Date: Mar 12, 2014
New city markets to create 22,800 working space
Wandegeya Market
  • mail
  • img
newvision

By Taddeo Bwambale

The Kampala Capital City Authority (KCCA) has finalized plans to construct seven new modern markets in the five city divisions.


Upon completion, the new markets are expected to create additional working space for 22,800 city traders.

KCCA spokesperson, Peter Kaujju said construction of the new markets would cost ($100m) sh250b.

Part of money has been secured to buy land for Bukoto, Kitintale and Ggaba markets, Kaujju said. Other markets are to be rebuilt in Busega, Kasubi, Ntinda and Nakulabye.

"Designs for Busega market in Rubaga Division have been completed and construction will commence in June 2014," Kaujju said.

Kaujju said funds for procurement of land for the other markets and their construction had not yet been secured. Most of the markets have been in dire state, with filthy working conditions.

Reconstruction of most city markets had long stalled due to management wrangles and funding challenges.

According to KCCA, the seven new markets will be built to similar standard as the sh22b Wandegeya Market that houses 1,200 traders.

The market was completed last year, occupied by the traders in January and has supporting facilities including banking halls, cold chains.

The construction of more city new markets is part of KCCA's plan to get rid of large numbers of vendors still operating on city streets.

It is also intended to reduce pressure in the existing facilities and congestion in the city, by increasing capacity of the markets to accommodate more traders.

According to KCCA, more city markets are to be rebuilt on a public-private-Partnership arrangement, where a private developer constructs a market and earns royalties from KCCA.

USAFI market along Entebbe Road was built on the same arrangement as well as an open market in Kisenyi that is nearing completion.

 

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Domesticate SDGs to household level – minister
Uganda’s state minister for economic monitoring, Henry Banyenzaki, has called for the domestication of the Sustainable Development Goals (SDGs)....
Media trained on intellectual property rights
Media practitioners have been sensitized on the importance of intellectual property rights and the procedures for registration...
Greek crisis could weaken Ugandan shilling further
The failure by Greece to beat Tuesday’s deadline to repay $1.7b (sh5.4 trillion) owed to the IMF could trigger a further depreciation of the Uganda shilling....
Survey shows Greek referendum too close to call
Greece is almost evenly split over a crucial weekend referendum that could decide its financial fate....
Airtel hands over sh70m to Kitovu Hospital from Kabaka Run
Airtel Uganda has handed over the contributions that were collected during the Kabaka Run to contribute towards the fight against Fistula....
Embrace formal business operations for employment opportunities-Akampwera
Most Small and Medium Enterprises (SMEs') in Uganda do not have business records coupled with limitations to track down business progress....
Do you think Ugandan graduates are the worst in the region?
Yes
No
Can't Say
follow us
subscribe to our news letter