Kampala, Uganda | The Black Examiner – The Government has announced that there is only one year remaining to finalize the Kampala Industrial Business Park (KIBP) Development Project.
The contract for designing and constructing the Kampala Industrial and Business Park Infrastructure Project was awarded to Lagan-Dott Namanve Limited. This decision came after the Government, facilitated by the Finance Ministry, secured a loan of 215 million Euros from the UK Export Finance in 2019.
During her inspection of the site today, Evelyn Anite, the State Minister for Privatization and Investment, acknowledged that the current physical progress of the project stands at approximately 40 percent, an achievement that she finds commendable.
Anite mentioned that a meeting is scheduled with the contractor to discuss strategies for meeting the deadline set for completing the KIBP development project within the coming year.
Eng. Andrew Bamanya, the designated representative of Lagan-Dott Namanve Limited, explained that the project’s slow pace has been attributed to various contractual obstacles that needed to be navigated. Additionally, the project’s progress was impeded by the challenges posed by the Covid-19 pandemic and subsequent lockdown measures.
Bamanya expressed optimism that the remaining 60 percent of the project’s development work will be successfully addressed within the stipulated timeframe.
Situated around 11 kilometers to the East of Central Kampala, KIBP covers an expansive area of approximately 890 hectares (about 8.9 kilometers). The government envisions KIBP as a pioneering industrial park, setting a model for similar developments throughout the country.
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