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
URA breaks 4-year jinx to post sh24.3b surplus
The Uganda Revenue Authority posted a sh24.3b tax collection surplus between July and December 2014, for the first time in more than four years, credited to strict tax controls and administration....
Pension arrears to be cleared this year
RETIRED civil servants will have their gratuity and pension arrears paid before the end of this financial year, thanks to the stringent reforms that have seen the finance ministry save over sh200b...
Automation improves revenue collection by 21%
OVERALL automation and adaption of online tax systems have pushed up revenue collection up by 21% in the last two years, the tax authority has revealed...
Minister Kyambadde urges farmers to join cooperatives
The minister of trade, industry and cooperatives Amelia Anne Kyambadde has called on Ugandan farmers to form or join cooperative societies...
Uganda to get income status by 2018
THE Ugandan economy is three years away from attaining low middle-income status if the second phase of the national development plan is well implemented...
Oil prices mixed after Saudi king
OIL prices traded narrowly mixed after the death of the king of Saudi Arabia, OPEC's largest oil producer, and on concerns about unrest in Yemen...
Should local leaders arrest parents who oppose UPE?
Yes
No
Can't Say
follow us
subscribe to our news letter