By Barbra Muhindo & Enos Masereka
Kasese Municipal Authorities have given an ultimatum of up to June this year to the investors in Kasese Industrial and Business Park to have developed their sites failure of which their contracts will be cancelled.
The decision was reached at yesterday during a stakeholders’ meeting that was held at Kasese Municipal Council hall in Kasese town.
The meeting was aimed at finding out why the project which was launched in 2017 has only attracted 25% of the active investors on ground.
In 2017, government allocated 217 acres of land to Kasese Municipal Council to host the Kasese Industrial and Business Park.
At that time, 16 investors applied for land on which to establish their business and they were accredited but only four turned up and are currently operating from the pieces of land that were allocated to them.
Mr. Godfrey Bwambale, the Kasese Municipality Principal Commercial Officer, says in March last year, Kasese Municipal Council received shillings 4 billion for the construction of roads, extension of power and water in the Industrial and Business Park located in Kahokya Cell in Central Division but despite putting everything in place, the number of active investors has always remained low due to post-Covid effects.Mr. Godfrey speaking:…..
Mr. Chance Kahindo, the Kasese Municipal Mayor, says they have given an ultimatum of up to June to all the investors to have developed their sites and failure of which Council will re-advertise their sites.
Mr. Kahindo one speaking:….
According to Kahindo, the Industrial was established mainly to add value to the locally produced goods including agricultural products. END.