The new party headquarters will host conference halls, accommodation and business centres as one of the ways ‘to attract funding.’
PIC:President Democratic Party, Norbert Mao,adresses the press on Tuesday, at the party headquarters in Kampala.(Credit: Miriam Namutebi)
KAMAPALA - The Democratic Party (DP) has unveiled a fundraising plan for the construction of the Ben Kiwanuka house, a new party headquarters at Kisosonkole, Rubaga division in Kampala.
The comprehensive plan that seeks to collect over sh8b for the construction of a new five storeyed party headquarters will be approved by the party’s National Executive Council (NEC), that is expected to sit later this week.
This revelation was made by the party president, Norbert Mao, while addressing journalists during the weekly press briefing at the party’s current head office, City House in Kampala on Tuesday.
“We need about sh.8bn to complete that house; we expect that as soon as the Kampala Capital City Authority (KCCA) approves the building plans which are ready, we shall start the construction,” Mao said.
“We are going to adopt the model which worked so well for Buganda Kingdom refered to as etoffali. DP has got so many well-wishers, members and supporters in Uganda and all over the world. So we are going to send our envoys to carry out fundraising activities so that we can collect money to finish the building,” he said.
Mao said that the construction is expected to be complete in a space of three years if all plans come through.
The new party headquarters will also host conference halls, accommodation and business centres as one of the ways ‘to attract funding.’
“We are also going to discuss the possibility of equity; DP does not need all the five floors, we can have some two floors and maybe invite some other people that would need office space, to be part of the development, like lawyers and consultants,” Mao said.
“We are also going to discuss possibilities of borrowing; the party is here to stay; so it’s a credible organisation to which even long term lenders should have faith,” he stated.