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
Museveni launches construction of Soroti fruit factory
CONSTRUCTION of a multibillion fruit processing factory based in Soroti district has been launched by President Museveni with emphasis to grow more fruits...
Finance regrets lack of support to innovators
Finance minister Maria Kiwanuka has regretted that young innovators have been left to fend for themselves many times lacking the opportunity to interface with venture capitalists and possible financiers for their brilliant ideas....
Museveni to launch Soroti Fruit Processing Factory
President Yoweri Museveni will today launch the proposed fruit-processing factory in the Eastern region, which Government expects to boost employment figures and also create a viable market for the fruits, especially mangoes and oranges of Teso farmers....
Uganda
Uganda oil industry has entered the most crucial and most lucrative phase, energy ministry officials have said....
Kenya
It was a symbol for Kenya's growing well-heeled middle class: a vast supermarket crammed with flat screen televisions, imported wines and chilled cabinets of cheese and meats....
Aviation: Fastjet secures Entebbe, Dar route
FastJet completes the first of many flights between Dar es Salaam and Entebbe, reducing a trip of 12 hours to just over an hour on top of boosting tourism, business and ties between Uganda and TZ....
Should bride price be made optional?
Yes
No
Can't Say
follow us
subscribe to our news letter