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
Uganda’s economy is on track
Lately, the public has been awash with myths and self-invented theories about the economy, the depreciation of the shilling....
Oil tumbles in Asia as Greek vote shakes world markets
Oil fell in Asia Monday as investors digested the implications of Greece rejecting tough austerity demands from creditors....
Gov’t cautioned on trade agreements signing
Government has been cautioned against signing international trade and bilateral agreements without scrutinizing their impact on indigenous business firms....
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....
Do you think Ugandan graduates are the worst in the region?
Yes
No
Can't Say
follow us
subscribe to our news letter