THE Uganda Investment Authority (UIA) has pre-qualified 163 companies that are to invest $1.9b in the Kampala Industrial and Business Park at Namanve.
â€œIt is estimated they will create 30,000 new jobs,â€ the UIA director for industrial parks, Arthur Tukahirwa, said.
â€œWe have invited submissions for contractors for proposals from companies that will participate in the development of the park.
By the end of May, we shall open the bids, award the tender and sign a contract,â€ he said at a press conference at the Media Centre.
â€œWe are also working with the finance ministry to recruit a technical adviser who should start working by the end of June,â€ Tukahirwa said.
â€œOnce we have concluded all the paper work, the works are expected to start by the end of June.â€
He said phase one would include opening up of a 12km road network in the park.
â€œAll this follows completion of the Environmental Impact Assessment (EIA) whose certificate was issued by the National Environment Management Authority in February,â€ Tukahirwa said.
He said all applicants will have to do their own EIAs.
163 firms apply for industrial park