Business
Slow infrastructure development frustrates Namanve investors
Publish Date: Apr 16, 2014
Slow infrastructure development frustrates Namanve investors
The Executive Director of the Uganda Investment Authority, Frank Ssebowa
  • mail
  • img
newvision

By David Mugabe
 
Investors are agitated by the lack of coordination between government agencies and the slow progress of fixing the wanting infrastructure in gazetted industrial parks.
 
During a breakfast session at the Kampala Serena on Wednesday, investors including those that have been awarded prime land at Namanve Industrial park demanded to know whether there is a timeline to when the park will have water, electricity and tarmac road.
 
Dino Bianchi, Toyota Uganda managing director echoed what he considers a very slow process at road, water and power works that would make it attractive for investors with land to start developing their sites.  
 
Uganda Investment Authority (UIA) chief,  Dr Frank Ssebowa said he had on many occasions met the Uganda National Roads Authority (UNRA) team but no one gives a concrete answer based on timelines on when they would work on the infrastructure projects.
 
“I also don’t know,” replied Ssebowa when pressed further by Bianchi.
 
But Bianchi retorted saying: “It is your job to find out when these people will do the job, I have been to the ministry of works and no one gives us a timeline, we cannot move equipment just like that.”
 
No official from (UNRA) attended the meeting although.
 
Ssebowa also disclosed how four institutions among them KCCA, Umeme and the Lands ministry had frustrated the efforts to attract investments through the continuous poor perception about a bad investment climate. 
 
He said World Bank surveys indicated that it took several months just to get power to industrial land while people in lands ministry were politicking instead of clearing land transactions.
 
Uganda was ranked 132nd out 189 economies in the latest World Bank Doing Report from the 120th position attained last year out of 182
 

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
EAC Cooperative Societies Bill seeks to stimulate trade
The level of optimism is high among co-operatives in East Africa, in light of the ongoing East African Community (EAC) Co-operative Societies Bill 2014 being pushed to be enacted into law....
Insurance Institute pushes for public awareness
The Insurance Institute of Uganda (IIU) has kicked off a countrywide public awareness campaign, meeting traders at their places of work, a move meant to demystify insurance....
Real Estate sector players win awards
Leading local real estate online platform Lamudi.co.ug recently rewarded the top real estate dealers, agents and developers in the country who are transacting business online especially through its platform....
Good seed door for good harvest
Just like humans look for the good traits when choosing a partner for procreation, farmers should look for good seeds for better production....
Vision Group set to crown best farmers
The search for Uganda’s leading farmers is over. Winners of the Vision Group’s Best Farmers competition will be revealed today at Kampala Serena Hotel....
World
The planet's poorest nations have failed to cash in on strong economic growth due to a lack of structural reforms, says the United Nations....
Should Govt lease parts of Lake Victoria to private developers?
Its Ok
No Way
Not Sure
follow us
subscribe to our news letter