Browsing: Uganda Industrial Business Park

Lagan Group to spearhead $250m Ugandan business park project

Belfast-based Lagan group will develop the Kampala Industrial Business Park.

The announcement was made at the UK-Africa Investment Summit in London, which is being hosted by the UK government.

Ugandan President Museveni and other African leaders from 20 other countries attended the summit, hosted by Prime Minister Boris Johnson.

The UK Government confirmed it would loan £185 million to Uganda to help build $246 million of infrastructure for the 2,200 acre Industrial Business Park, located on the outskirts of Kampala.

Also Read: Uganda Umeme secures $70m loan for investment

The construction work, which began two weeks ago, is expected to last around 42 months.

The Department for International Development in London claimed the Kampala project, could eventually create up to 200,000 jobs in Uganda. It also said with staff, materials and equipment being sourced in Northern Ireland it will boost the construction sector in the country. (hummingbirddental.ca)

Lagan …