Business
Involve us in Namanve land allocation, UMA asks govt
Publish Date: Jul 24, 2014
Involve us in Namanve land allocation, UMA asks govt
Namanve Industrial Park
  • mail
  • img
newvision

By Umaru Kashaka

Officials from Uganda Manufacturers Association (UMA) have asked government to involve them in the allocation of land in Namanve Industrial Park to avoid being hoodwinked by fake investors who cannot develop it.


They made the call on Thursday while appearing before the parliamentary committee on trade and industry over the new taxes in 2014/15 budget pending Parliamentary approval.

“Land is being allocated to people who are not real investors, but are carrying empty briefcases to deceive government. We should give land to potential investors who are able to develop it,” the director corporate affairs of Southern Range Nyanza Ltd, Richard Mubiru, argued on behalf of the association.

The committee took exception to reports that more than 120 investors had surveyed their plots at the park that is about 14km East of Kampala city while 127 had not surveyed.

“I’m shocked that land in Namanve is being allocated to those who can’t develop it,” the Lyantonde Woman MP and committee vice-chairperson, Grace Namara, said.

Investment state minister Gabriel Ajedra early this year said a new criterion drawn by the Uganda Investment Authority (UIA) had already been approved by Public Procurement and Disposal of Public Assets Authority to start giving free land to investors.

He said investors in four government priority sectors; minerals, hospitality and tourism, agro-processing and ICT, will get the land.

“The land is subsidised for investors in line with the government policy on prioritised investment sectors,” Ajedra said.

The minister added that land will be given out without following public procurement procedures in the Public Procurement and Disposal of Assets (PPDA) Act.

“The President on many occasions has asked why investors are subjected to PPDA because they come into the country when they express interest to set up businesses,” said Mr Ajedra.

However, the rest of the investors will pay premium of $80,000 per acre but will also be exempted from PPDA procedures.

UIA has in the past reclaimed land in Namanve Industrial Park from investors who failed to develop the plots.

Conditions of acquiring land includes performance security where the investors allocated free land will provide a performance security in form of a bank or insurance bond equivalent to 10 per cent of the value of the leased land valid for 18 months within which the condition should have been fulfilled.

They are also required within 18 months from the date of allocation to have started developing the land, failure to do that, the lease shall automatically elapse.

RELATED ARTICLES

Slow infrastructure development frustrates Namanve investors

UIA needs sh470b to expedite Namanve Industrial Park

Namanve Forest in deep trouble

Relocate to Namanve, MPs tell Investment Authority

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
Kukustar: New vaccine against newcastle to empower farmers
It was the welcoming smiles. Not the long distance from Mbale town. Not the shrubby path to Mary Goretti Mboizi’s humble home in Bunamwera village, Kibuku district that struck me as I settled down to listen to her story....
Uganda is debt sustainable, says finance ministry
By March, China had lent Uganda over $336m (8% of the total debt) while India had lent over $50m (under 2%)....
Partnership seeks to boost television penetration
PCS and a regional pay television service provider enter a partnership expected to boost television penetration in areas without access to hydroelectricity....
Govt allocates sh20b for restocking
THE Government has allocated sh20b for livestock restocking in West Nile, Acholi, Lango and Teso sub-regions in the 2014/15 financial year...
Power extended to Masaka sub-counties
The sub-counties benefiting from the project are Kyesiga, Lwankoni, Kyanamukaka and Kabira with a total population of about 60,000 people...
UCC urges mobile operators on App for child protection
Telecommunications regulator, Uganda Communications Commission (UCC), has urged local mobile operators to offer a free new application, Guardian App, to its clients as a measure to protect children from online abuse...
What is causing the rise in Early child marriages?
Decaying social structures
Poor Education
None of the above
follow us
subscribe to our news letter