Investment centre up for sale

Jan 06, 2007

THE headquarters of the Uganda Investment Authority (UIA) are up for sale, the authority’s executive director, Prof. Maggie Kigozi, has revealed.

By David Muwanga

THE headquarters of the Uganda Investment Authority (UIA) are up for sale, the authority’s executive director, Prof. Maggie Kigozi, has revealed.

“The property was ideal for the authority’s offices, but the increasing heavy traffic has made it impossible for investors to come here. We also lack parking space,” Kigozi explained.

“We are selling to the highest bidder. We shall use the money to purchase other offices. We prefer Nakasero Hill,” she added.

The building is on Plot 28 Kampala Road. It has about 650 square metres of office, 220 square metres of service area and is located on 0.195 acres.

The closing date for submission of expressions of interest is February 5. The bids will immediately be opened in the presence of bidders.

She said the authority is being turned into a one-stop centre and would require enough space.

Kigozi said the number of employees would be increased depending on budgetary allocations from the finance ministry.

“We have officers from the lands ministry, Uganda Revenue Authority, immigration department. We also expect one from the Registrar of Companies,” she said in an interview.

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